Reply #9: From the source

[mahatmakanejeeves]

Bureau of Economic Analysis News Releases

Gross Domestic Product, 2nd Quarter 2011 (advance estimate) (7/29/11)

National Income and Product Accounts
Gross Domestic Product: Second Quarter 2011 (Advance Estimate)
Revised Estimates: 2003 through First Quarter 2011

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 1.3 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.4 percent.

The Bureau emphasized that the second-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see the box on page 3). The "second" estimate for the second quarter, based on more complete data, will be released on August 26, 2011.

and, from MarketWatch:

GDP grows slender 1.3% in second quarter



The DJIA blew out 150 points right from the get-go, but it's recovered some from that.