Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017, according to the “advance” estimate released by the U.S. Commerce Department’s Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised).
The Bureau emphasized that the second-quarter advance estimate is based on source data that are incomplete or subject to further revision by the source agency. The “second” estimate for the second quarter, based on more complete data was released in late August 30, after For Distributors Only went to press.