The private sector of the U.S. economy grew at a 2.8 percent annual rate in the first quarter of 2012, according to yesterday’s advance estimate from the Bureau of Economic Analysis. Overall growth of real GDP was 2.2 percent, pulled down by the continuing shrinkage of the government sector. Read more>>> Follow this link to view or download a classroom-ready slideshow with charts of the latest GDP details.
The BEA reported today that the overall economy (real GDP) grew by 2.2% at an annual rate in the first quarter of 2012. However, the non-government, private components of GDP (personal consumption expenditures, gross private domesti... Read Post
The Bureau of Economic Analysis estimates that real GDP grew at an annualized rate of 1.5 percent in the second quarter of 2012. The good news is that this was faster than expectations. Moreover, first-quarter growth was revised up ... Read Post