Real economy

US GDP chartbook: All the numbers you need to see

July 30, 2014
July 30, 2014

The short version: It was good.

US GDP grew at a 4.0% annual pace during the second quarter, after shrinking by a revised 2.1% during the first quarter.

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Companies have been boosting their inventory stockpiles, which pushed GDP higher.

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And personal consumption—that’s people buying stuff—was stronger than expected, rising at an 2.5% clip.

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Business investment contributed, rising 5.5%.

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And state and local government spending posted its strongest showing since 2009, rising 3.1%.

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Homebuilding also lent a hand, after a deep winter freeze. Residential fixed investment rose 7.5%.

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