Wednesday, January 30, 2013

Calculated Risk: Real GDP Decreased 0.1% Annualized in Q4



Real GDP decreased 0.1% Annualized in Q4


[Excerpted] 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....


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