The business situation, first quarter 1986.

From: Survey of Current Business | Date: May 1, 1986 | Copyright information

the BUSINESS SITUATION REVISED (45-day) estimates show that real GNP increased at an annual rate of 3-1/2 percent in the first quarter of 1986. Preliminary (15-day) estimates had shown a 3-percent increase. The increase in the GNP fixed-weighted price index, 2-1/2 percent at an annual rate, was revised little (table 1).

The $4-1/2 billion upward revision in real GNP was more than accounted for by revisions in business inventory investment and in government purchases of g...

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