Advance Estimate for Q1 2019 GDP Beats Forecast at Solid 3.2%

Original Date
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.