T. Rowe Price Growth Stock
US economic growth slowed to a 1.5% pace in 3Q15, according to the advance estimate by the Bureau of Economic Analysis. This was sharply down from the 3.9% pace set in 2Q15.
The US economy rose by 3.9% in 2Q15, according to the third estimate by the Bureau of Economic Analysis on September 25.
Nearly 68% of the US GDP is composed of PCE or consumer spending. The negative value of net exports shows that the United States imports more than it exports, and this eats into the total economic output.
The T. Rowe Price Growth Stock Fund (PRGFX) had returns of -5.72% for August 2015. Returns for the three-month period ended August 31 were -2.2%, and returns for one year were 8.51%.