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GDP Growth Demolishes Expectations, Accelerates To Fastest Rate Since 2003
U.S. fourth quarter GDP grew 5.7% based on Commerce Department data released today.
Commerce Department: Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 5.7 percent in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis.
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Q2 real GDP growth revised down to 1.0% annualized rate
From the BEA: Gross Domestic Product, First Quarter 2011 (second estimate Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of ... Read Post
Q3 real GDP growth revised down to 2.0% annualized rate
From the BEA: Gross Domestic Product, Second Quarter 2011 (second estimate Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of... Read Post
5.7% Real GDP Growth Rate in the Fourth Quarter (Where Oh Where Is My Okun's Law? Department)
The Bureau of Economic Analysis: >Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 5.7 percent in the fourth quarter of 200... Read Post