It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
US GDP Increases in Third Quarter
October 29, 2015 | BEAEstimated reading time: 1 minute
Real gross domestic product (GDP) increased 1.5 percent in the third quarter of 2015, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.9 percent.
GDP highlightsQ2Q GDP 1029
The third-quarter increase in real GDP mainly reflected a rise in consumer spending. Spending on services increased, notably on health care. Spending on nondurable and durable goods also rose.
State and local government spending, business investment, exports, and residential investment also contributed to the increase in GDP.
Partly offsetting these contributions to GDP growth, private inventory investment fell, mainly in wholesale trade and in manufacturing.
Final sales of domestic product—GDP less inventory investment—increased 3.0 percent in the third quarter.
Personal income and saving
Real disposable personal income (DPI), which adjusts for taxes and inflation, rose 3.5 percent in the third quarter after increasing 1.2 percent in the second quarter.
Personal saving as a percentage of DPI was 4.7 percent in the third quarter, following 4.6 percent in the second quarter.
Prices
Prices of goods and services purchased by U.S. residents—gross domestic purchases prices— increased 1.3 percent in the third quarter after increasing 1.5 percent in the second quarter.
Prices of energy goods and services turned down in the third quarter, while food prices turned up.
Excluding food and energy, gross domestic purchases prices increased 1.3 percent in the third quarter after increasing 1.2 percent in the second quarter.
Share on:
Suggested Items
North American PCB Industry Shipments Down 3.1% in March
04/28/2025 | IPCIPC announced the March 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.24.
Mycronic Posts Interim Report January-March 2025
04/25/2025 | MycronicMycronic announced its interim report for the period of January to March 2025, revealing a strong performance in the first quarter. The company reported significant increases in order intake and net sales, alongside a healthy EBIT margin.
Infineon Bolsters Global Lead in Automotive Semiconductors with Number One Position in Microcontrollers Driving this Success
04/07/2025 | InfineonInfineon Technologies AG bolsters its global and regional market leadership positions in automotive semiconductors, including its very strong position in microcontrollers.
Connected Commercial Drone Market to Reach $37.3 Billion Worldwide by 2029
04/04/2025 | Berg InsightBerg Insight, a leading IoT market research provider, today released a new report covering connected commercial drones used for industrial and governmental purposes.
IPC Releases March 2025 Global Sentiment of the Electronics Manufacturing Supply Chain Report
04/02/2025 | IPCThis past March, electronics industry demand strengthened to its highest level in nearly a year, indicating strong expansion in customer and manufacturing activity according to IPC’s [IPC-Current-Sentimen-Global-EMSChain0525.pdf] March Sentiment of the Global Electronics Manufacturing Supply Chain Report.