U.S real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 , according to the “advance” estimate released by the Bureau of Economic Analysis.

In the fourth quarter of 2018, real GDP increased 2.2 percent.The “second” estimate for the first quarter, based on more complete data, will be released on May 30, 2019.

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Current dollar GDP increased 3.8 percent, or $197.6 billion, in the first quarter to a level of $21.06 trillion. In the fourth quarter, current-dollar GDP increased 4.1 percent, or $206.9 billion.

The price index for gross domestic purchases increased 0.8 percent in the first quarter, compared with an increase of 1.7 percent in the fourth quarter .The PCE price index increased 0.6 percent, compared with an increase of 1.5 percent. Excluding food and energy prices, the PCE price index increased 1.3 percent, compared with an increase of 1.8 percent.

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Current-dollar personal income increased $147.2 billion in the first quarter, compared with an increase of $229.0 billion in the fourth quarter.

Disposable personal income increased $116.0 billion, or 3.0 percent, in the first quarter, compared with an increase of $222.9 billion, or 5.8 percent, in the fourth quarter. Real disposable personal income increased 2.4 percent, compared with an increase of 4.3 percent.

Personal saving was $1.11 trillion in the first quarter, compared with $1.07 trillion in the fourth quarter.

The personal saving rate — personal saving as a percentage of disposable personal income — was 7.0 percent in the first quarter, compared with 6.8 percent in the fourth quarter.

For more visit : https://www.bea.gov/