GDP Rose 3.2% in Q1, According to Advance Estimate

Washington, DC, April 26, 2019-Real gross domestic product (GDP) increased at an annual rate of 3.2% in the first quarter of 2019, according to the advance estimate released by the Bureau of Economic Analysis. 

In the fourth quarter of 2018, real GDP increased 2.2%.

The Bureau’s first-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency. The second estimate for the first quarter, based on more complete data, will be released on May 30.