No. 902-A: First-Estimate Second-Quarter GDP, 2017 Annual Benchmark Revisions

July 28th, 2017

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Nonsense GDP Reporting Intensified

"Advance" Estimate of Second-Quarter 2017 Real GDP
Came in at a Near-Consensus 2.57% versus a
Downwardly-Revised 1.24% First-Quarter Estimate

Annual Benchmark Revisions Were Minimal in Aggregate,
Showing Weaker GDP Growth in 2016 and
Somewhat Stronger Growth in 2014 into 2015

Gross Domestic Income (GDI) and Gross National Product (GNP)
Growth Rates Also Slowed in 2016 Revisions

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