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GDP report: Economic growth ticks up to 2.6%

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Still a Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-22-10 01:06 PM
Original message
GDP report: Economic growth ticks up to 2.6%
Source: CNN

NEW YORK (CNNMoney.com) -- The U.S. economy grew at a slightly faster pace during the third quarter than previously estimated, driven by an increase in business investment, the government said Wednesday.

Gross domestic product, the broadest measure of the nation's economic activity, grew at an annual rate of 2.6% in the three months ended in September, according to the Commerce Department, up from the previous reading of a 2.5% rise.



Read more: http://money.cnn.com/2010/12/22/news/economy/gdp/?iid=MPM
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-22-10 01:15 PM
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1. K & R
Thanks. :thumbsup:
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FogerRox Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-22-10 01:17 PM
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2. that and 15 million jobs might do the trick
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Dec-24-10 06:17 PM
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6. Deleted message
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forty6 Donating Member (849 posts) Send PM | Profile | Ignore Wed Dec-22-10 01:20 PM
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3. Under Bush, GDP down almost 7% in Q4 2008, now five quarters of
solid growth in a positive direction, 15 months out of Obama's first 23 full months in office.

Way to go!
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Still a Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-22-10 01:52 PM
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4. Chart is dramatic isn't it? n/t
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DesertDiamond Donating Member (838 posts) Send PM | Profile | Ignore Wed Dec-22-10 02:37 PM
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5. Sorry, GDP was used throughout the Reagan years to fool us. The GDP was always great. But no jobs.
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