Monthly Review, March 2015

Publication Date: 

March 2015

Summary: 

U.S. Real GDP grew at 2.2% during the fourth quarter of 2014 according to the third estimate released by the Bureau of Economic Analysis. The figure remained unchanged from the prior estimate as increases in exports and personal consumption expenditures (PCE) were offset by weaker inventory investment and government spending. GDP increased at a 2.4% annualized rate last year.