A third estimate of growth in real US gross domestic product confirmed the economy decreased at an annual rate of 0.6% in the second quarter. The third estimate is based on more complete source data than prior estimates.

“The update primarily reflected an upward revision to consumer spending that was offset by a downward revision to exports,” stated the US Bureau of Economic Analysts, which released the GDP numbers. “Imports, which are a subtraction in the calculation of GDP, were revised down.”

Real GDP had decreased 1.6% in the first quarter. Two quarters of negative GDP growth is one definition of a recession, CNN reported. However, official declarations of recessions must come from the National Bureau of Economic Research.

The bureau also noted that real gross domestic income edged up 0.1% in the second quarter, a downward revision of 1.3 percentage points from the previous estimate. The bureau also reported first-quarter GDI is now estimated to have increased 0.8% in the first quarter; previously published estimates had it increasing at 1.8%.

The third-quarter GDP estimate is scheduled to be released on Oct. 27.