The Bureau of Economic Analysis (BEA) “advance” estimate for first quarter (Q1) 2019 gross domestic product (GDP) came in at a 3.2% seasonally-adjusted annual rate (SAAR). Real GDP rose 2.2% in Q4 2018 and by 2.2% in Q1 2018.
The consensus forecast was calling for a more moderate but still solid 2.3% SAAR.
The consensus forecast was calling for a more moderate but still solid 2.3% SAAR.