Weather
The Pine Tree, News for Calaveras County and Beyond Weather
Amador Angels Camp Arnold Bear Valley Copperopolis Murphys San Andreas Valley Springs Moke Hill/West Point Tuolumne
News
Business Directory
Weather & Roads
Sports
Real Estate
Search
Weekly & Grocery Ads
Entertainment
Life & Style
Government
Law Enforcement
Business
Wine News
Health & Fitness
Home & Garden
Food & Dining
Religion & Faith
Frogtown USA
Legal Notices
Calendar
Polls
Columns
Free Classifieds
Letters to the Editor
Obituaries
About Us

Coming Soon...
Monday, Oct 22
09:00 AM The Big Middleton's Mark Twain Shopping Center Sidewalk Sale is October 27th!
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Tuesday, Oct 23
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Wednesday, Oct 24
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Thursday, Oct 25
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Friday, Oct 26
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
05:30 PM Friday Night Music at Alchemy
Saturday, Oct 27
10:00 AM Old Timers Museum Walking Tours Are Every Saturday at 10am.
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
04:00 PM Harvest Happy Hour with Milliaire
Sunday, Oct 28
10:00 AM Join the Bear Valley Team this Winter! Job Fair in Murphys, October 28th!
11:00 AM Sunday Funday at Ironstone Vineyards
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Monday, Oct 29
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Tuesday, Oct 30
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Wednesday, Oct 31
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Thursday, Nov 1
11:00 AM Prevent Flu this Season by Getting a Flu Shot
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Friday, Nov 2
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
05:30 PM Friday Night Music at Alchemy
Saturday, Nov 3
08:00 AM Pawliday Portraits 2018
08:00 AM Pawliday Portraits 2018
10:00 AM Old Timers Museum Walking Tours Are Every Saturday at 10am.
11:00 AM Guided Tours of Ironstone Vineyards
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group
Sunday, Nov 4
11:00 AM Sunday Funday at Ironstone Vineyards
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
All Day Calaveras/Amador County Autism/Aspergers Peer Support Group

Search Announcements




Log In
Username

Password

Remember Me



Posted by: News_Desk on 12/22/2016 10:56 AM Updated by: thepinetree on 12/22/2016 11:25 AM
Expires: 01/01/2021 12:00 AM
:

National Income & Product Accounts Gross Domestic Product Revised Up To 3.5% In Third Quarter 2016

Washington, DC...Real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of 2016(table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.4 percent. The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was 3.2 percent. With this third estimate for the third quarter, nonresidential fixed investment, personal consumption expenditures (PCE), and state and local government spending increased more than previously estimated, but the general picture of economic growth remains the same..

gdp3q16_3rd_chart


Real GDP: Percent Change from Preceding Quarter

Real gross domestic income (GDI) increased 4.8 percent in the third quarter, compared with an increase
of 0.7 percent in the second. The average of real GDP and real GDI, a supplemental measure of U.S.
economic activity that equally weights GDP and GDI, increased 4.1 percent in the third quarter,
compared with an increase of 1.1 percent in the second (table 1).

The increase in real GDP in the third quarter primarily reflected positive contributions from PCE, exports, private inventory investment, nonresidential fixed investment, and federal government spending that were partly offset by negative contributions from residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased (table 2).

The acceleration in real GDP in the third quarter primarily reflected an upturn in private inventory
investment, an acceleration in exports, a smaller decrease in state and local government spending, an
upturn in federal government spending, and a smaller decrease in residential investment, that were
partly offset by a smaller increase in PCE and an acceleration in imports.

Current-dollar GDP increased 5.0 percent, or $225.2 billion, in the third quarter to a level of $18,675.3 billion. In the second quarter, current dollar GDP increased 3.7 percent, or $168.5 billion (table 1 and
table 3).

The price index for gross domestic purchases increased 1.5 percent in the third quarter, compared with
an increase of 2.1 percent in the second quarter (table 4). The PCE price index increased 1.5 percent,
compared with an increase of 2.0 percent. Excluding food and energy prices, the PCE price index
increased 1.7 percent, compared with an increase of 1.8 percent (appendix table A).


Updates to GDP

The upward revision to the percent change in real GDP reflected upward revisions to nonresidential
fixed investment, PCE, and state and local government spending. For more information, see the
Technical Note. For information on updates to GDP, see the "Additional Information" section that
follows.

screenshot-2016-12-22-at-10
Profits from current production (corporate profits with inventory valuation adjustment and capital
consumption adjustment) increased $117.8 billion in the third quarter, in contrast to a decrease of $12.5 billion in the second quarter.

Profits of domestic financial corporations increased $50.1 billion in the third quarter, compared with anincrease of $5.6 billion in the second. Profits of domestic nonfinancial corporations increased $66.4
billion, in contrast to a decrease of $56.1 billion. The rest-of-the-world component of profits increased $1.3 billion, compared with an increase of $38.0 billion. This measure is calculated as the difference between receipts from the rest of the world and payments to the rest of the world. In the third quarter,receipts decreased $1.3 billion, and payments decreased $2.6 billion.






Comments - Make a comment
The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
No Subject
Posted on: 2016-12-23 09:15:46   By: Anonymous
 
All statistics from the government are lies!! We can only believe what Trump tells us is true in a 3am tweet - after he hears it on TV.

[Reply ]

    Re:
    Posted on: 2016-12-23 12:46:03   By: Anonymous
     
    Thanks Obama

    [Reply ]

      Re:
      Posted on: 2016-12-23 17:52:58   By: Anonymous
       
      Thanks for getting the he'll out of the white house....
      Finaly

      [Reply ]


What's Related
These might interest you as well
Local News

Photo Albums

RSS News Feeds

phpws Business Directory


Mark Twain Medical Center
Meadowmont Pharmacy
Bank of Stockton
Bear Valley Real Estate
Bear Valley Cross Country
Cedar Creek Realty
Cave, Mine & Zip Lines
Fox Security
Bistro Espresso
Pinnacle Physical Therapy
Chatom Winery
Middleton's Furniture
Bear Valley Mountain Resort
Paul D. Bertini
Premier Properties
High Country Spa & Stove
Sierra Logging Museum
Calaveras Mentoriing

Ebbetts Pass Scenic Byway
Sierra Logging Museum
Jenny's Kitchen

Copyright © The Pine Tree 2005-2018