{"id":1004195433,"date":"2017-10-30T05:45:05","date_gmt":"2017-10-30T13:45:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004195433"},"modified":"2022-12-09T01:17:05","modified_gmt":"2022-12-09T09:17:05","slug":"economy-watch-gdp-growth-consistent-in-3q","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-gdp-growth-consistent-in-3q\/","title":{"rendered":"Economy Watch: GDP Growth Consistent in 3Q"},"content":{"rendered":"

By D.C. Stribling, Contributing Editor<\/p>\n

\"Source:<\/a>

Source: Bureau of Economic Analysis, Third-Quarter 2017<\/p><\/div>\n

Real U.S. gross domestic product<\/a> increased at an annualized rate of 3 percent in the third quarter of 2017, according to the Bureau of Economic Analysis’ advance estimate. That’s only a little less than during the second quarter, when real GDP increased at a 3.1 percent annualized rate.<\/p>\n

The increase in real GDP in the third quarter was driven by personal consumption expenditures, private inventory investment, nonresidential fixed investment, exports and federal government spending.<\/p>\n

These increases were partly restrained by negative contributions from residential fixed investment and state and local government spending. Imports, which are a subtraction in the calculation of GDP, decreased during the quarter.<\/p>\n

Previously, the BEA reported that personal income increased 0.2 percent in August compared with July. Disposable personal income increased 0.1 percent. Fittingly, personal consumption expenditures increased 0.1 percent for the month as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

Real GDP growth hit 3 percent in the third quarter, according to the Bureau of Economic Analysis, driven by increases in personal consumption expenditures, private inventory investment and other factors. <\/p>\n","protected":false},"author":1023,"featured_media":1004195438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[32931,32814],"class_list":["post-1004195433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","tag-bureau-of-economic-analysis","tag-gdp"],"acf":[],"yoast_head":"\nEconomy Watch: GDP Growth Consistent in 3Q - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-gdp-growth-consistent-in-3q\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: GDP Growth Consistent in 3Q\" \/>\n<meta property=\"og:description\" content=\"Real GDP growth hit 3 percent in the third quarter, according to the Bureau of Economic Analysis, driven by increases in personal consumption expenditures, private inventory investment and other factors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-gdp-growth-consistent-in-3q\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-30T13:45:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:17:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/gdp1q17_3rd_chart.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1544\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-gdp-growth-consistent-in-3q\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-gdp-growth-consistent-in-3q\/\",\"name\":\"Economy Watch: GDP Growth Consistent in 3Q - 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