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Advance Estimate of GDP for the First Quarter of 2011

Daily newsbrief journal for April 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Advance Estimate of GDP for the First Quarter of 2011

Postby admin » Fri Apr 29, 2011 2:58 pm

Advance Estimate of GDP for the First Quarter of 2011
Posted by Austan Goolsbee on April 28, 2011 at 9:12 AM EDT

Today’s report shows that the economy posted the seventh straight quarter of positive growth, as real GDP, the total amount of goods and services produced in the country, grew at a 1.8 percent annual rate in the first quarter of this year. While the continued expansion is encouraging, clearly, faster growth is needed to replace the jobs lost in the downturn.

http://www.whitehouse.gov/blog/2011/04/ ... arter-2011
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