Wednesday, January 30, 2013


According to the BEA, GDP growth went negative in the fourth quarter of 2012:
Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- decreased at an annual rate of 0.1 percent in the fourth quarter of 2012
(that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the
Bureau of Economic Analysis.  In the third quarter, real GDP increased 3.1 percent. 

No comments:

Post a Comment