Gross Domestic Product: Second Quarter 2018 (Second Estimate) Corporate Profits: Second Quarter 2018 (Preliminary Estimate)

2nd quarter 2018:
4.2 percent
1st quarter 2018:
2.2 percent

Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent.

Current Release
  • Current release: August 29, 2018
  • Next release: September 27, 2018

What is Gross Domestic Product?

A comprehensive measure of U.S. economic activity. GDP is the value of the goods and services produced in the United States. The growth rate of GDP is the most popular indicator of the nation's overall economic health.

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