BEA News: Gross Domestic Product, 3rd Quarter 2020 (Advance Estimate)

BEA News: Gross Domestic Product, 3rd Quarter 2020 (Advance Estimate)

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In the second quarter of 2020, real GDP decreased 31.4 percent.

The full text of the release on BEA’s website can be found at: www.bea.gov/news/2020/gross-domestic-product-third-quarter-2020-advance-estimate

The Bureau of Economic Analysis provides this service to you at no charge. Visit us on the Web at www.bea.gov. All you will need is your e-mail address. If you have questions or need assistance, please e-mail [email protected]