President at Consumer Metrics Institute
Contributor's Links: Consumer Metrics Institute

Rick Davis is President of Consumers Metrics Institute (CMI).  CMI revolutionizes ways in which economic data is collected and published, by moving the methodologies and technologies involved into the twenty-first century.  First, CMI moved as far 'up-stream' economically as ... more

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BEA Leaves Second Quarter 2019 GDP Growth Essentially Unchanged At 2.04%
In their second estimate of the US GDP for the second quarter of 2019, the BEA reported that the US economy was growing at a +2.04% annual rate, down -0.01 percentage points (pp) from their previous estimate and down -1.05pp from the prior quarter.
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BEA Reports That 2nd Quarter 2019 GDP Growth Grew At 2.05%
In their first (preliminary) estimate of the US GDP for the second quarter of 2019, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.05% annual rate.
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BEA Revises 1st Quarter 2019 GDP Growth Slightly Upward To 3.14%
In their third (and final) estimate of the US GDP for the first quarter of 2019, the BEA reported that the US economy was growing at a +3.14% annual rate, up +0.07 percentage points from the previous report, and up +0.98pp from the prior quarter.
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BEA Revises 1st Quarter 2019 GDP Growth Slightly Downward To 3.07%
In their second estimate of the US GDP for the first quarter of 2019, the BEA reported that the US economy was growing at a +3.07% annual rate, down -0.11 percentage points (pp) from the previous report, but still up +0.91pp from the prior quarter.
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BEA Revises 4th Quarter 2018 GDP Growth Downward To 2.16%
In their final estimate of the US GDP for the fourth quarter of 2018, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.16% annual rate, down -0.42 percentage points (pp) from their previous estimate.
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US BEA Estimates 4th Quarter 2018 GDP Growth At 2.58%
Household disposable income was reported to be up +$381 per annum on a quarter over quarter basis, and the household savings rate was reported to be 6.7% (up +0.3pp from the prior quarter).
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