GDP Rose 2.3% in Q1 2018, According to Advance Estimate

Washington, DC, April 27, 2018-Real gross domestic product (GDP) increased at an annual rate of 2.3% in the first quarter of 2018, according to the advance estimate released by the Bureau of Economic Analysis.

In the fourth quarter, real GDP increased 2.9%.

The Bureau emphasized that the first-quarter advance estimate is based on source data

that are incomplete or subject to further revision by the source.