What was the first quarter GDP?
Current‑dollar GDP increased 6.5 percent at an annual rate, or $381.5 billion, in the first quarter to a level of $24.38 trillion. In the fourth quarter, GDP increased 14.5 percent, or $800.5 billion (table 1 and table 3).
What is the real GDP in 2015?
Current-dollar GDP increased 3.4 percent, or $589.8 billion, in 2015 to a level of $17,937.8 billion, compared with an increase of 4.1 percent, or $684.9 billion, in 2014.
What was GDP for 1st quarter 2021?
GDP prices rose at an 8.0% annual rate in Q1, the fastest pace for any quarter since 1981. GDP prices are up 6.8% from a year ago, nowhere near the Fed’s 2.0% target. Nominal GDP (real GDP growth plus inflation) rose at a 6.5% annual rate in Q1 and is up 10.6% from a year ago.
What was 2nd quarter GDP?
Current-dollar GDP increased 13.4 percent at an annual rate, or $702.8 billion, in the second quarter to a level of $22.74 trillion. In the first quarter, GDP increased 10.9 percent, or $560.6 billion (table 1 and table 3).
What was GDP last quarter?
U.S. Economy Shrank Worse-Than-Expected 1.6% Last Quarter As Recession Fears Grow.
What is India’s current GDP?
Nominal (current) Gross Domestic Product (GDP) of India is $2,650,725,335,364 (USD) as of 2017….India GDP.
| Date | India GDP Change % |
|---|---|
| 2014 | 7.41 |
| 2015 | 8.154 |
| 2016 | 7.113 |
| 2017 | 6.681 |
What is the 3rd quarter GDP?
Current dollar GDP increased 8.1 percent at an annual rate, or $446.0 billion, in the third quarter to a level of $23.19 trillion.
What is GDP per quarter?
GDP at constant (2011-12) prices in Q1 of 2021-22 is estimated at 32.38 lakh crore INR, showing a best-ever quarterly GDP growth rate of 20.13 percent over the corresponding quarter of the previous year. GDP growth rate was -24.43% in the year-earlier quarter and 1.64% in the preceding one.
What was the 1st quarter GDP growth in 2017?
Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real GDP increased 2.1 percent.
What was the 4th quarter GDP?
Current dollar GDP increased 14.6 percent at an annual rate, or $806.2 billion, in the fourth quarter to a level of $24.01 trillion.
How did GDP perform in the first quarter of 2015?
Real gross domestic product (GDP) edged down 0.2 percent at an annual rate in the first quarter of 2015, according to the third estimate from the Bureau of Economic Analysis. This report reflects an upward revision of 0.5 percentage point to overall GDP growth.
How much did real GDP increase in the fourth quarter?
In the fourth quarter, real GDP increased 2.2 percent. The Bureau emphasized that the first-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see the box on page 3 and “Comparisons of Revisions to GDP” on page 5).
How much did inventories add to the first-quarter change in GDP?
The change in real private inventories added 0.74 percentage point to the first-quarter change in real GDP after subtracting 0.10 percentage point from the fourth-quarter change. Private businesses increased inventories $110.3 billion in the first quarter, following increases of $80.0 billion in the fourth quarter and of $82.2 billion in the third.
What is current-dollar GDP?
Current-dollar GDP Current-dollar GDP — the market value of the production of goods and services in the United States — increased 0.1 percent, or $6.3 billion, in the first quarter to a level of $17,710.0 billion. In the fourth quarter, current-dollar GDP increased 2.4 percent, or $103.9 billion.