GDP increased by 3.3 percent in Q3
Real gross domestic product increased at an annual rate of 3.3 percent in the third quarter of
2017, according to the most recent estimate released by the Bureau of Economic Analysis.
In the second quarter, real GDP increased 3.1 percent.
The acceleration in real GDP in the third quarter reflected an acceleration in private inventory investment, a downturn in imports, and smaller decreases in state and local government spending and in residential fixed investment that were partly offset by decelerations in PCE, in nonresidential fixed investment, and in exports.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
