Friday, March 26, 2010

BEA News: GDP (third estimate) and Corporate Profits, 4th Qtr 2009

The BEA makes three estimates of GDP each quarter. This is their final for Q4 2009.

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
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 5.6 percent in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the "third" estimate released by the Bureau of Economic Analysis.
The full text of the release on BEA's Web site can be found at

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