GDP Archive

Instant Reaction: 2017 Q4 GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on Gross Domestic Product (GDP) in the fourth quarter: “The economy expanded at a respectable rate of 2.3% in 2017. That’s a good comeback...

Instant Reaction: Q3 GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on Gross Domestic Product (GDP) in the third quarter: “Economic growth of 3% in the third quarter is quite impressive in light of...