Research >> Economics
3Q2011 GDP preliminary estimate up 2.0%
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 2.0 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter) according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent.
Posted: November 22, 2011 Tuesday 08:30 AM