Economic Growth Picked Up Slightly In Third Quarter

Paul Krugman and Ruth Shapiro by commonwealth.club
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
That follows development (at yearly rates) of 1. 3 percent in the second quarter and 2 percent in the first. At 2 percent, the third-quarter quote is a bit much better than the 1. 8 percent that economists were anticipating, Bloomberg News states. But this is just the first of 3 estimates of third-quarter development, and it's likely there will be revisions in coming months. In 2011, GDP expanded at:. -- A scant 0. 1 percent yearly rate in the first quarter. -- 2. 5 percent in the second quarter. -- 1. 3 percent in the third. -- 4. 1 percent in the fourth. The economic climate, obviously, is the leading problem in this year's presidential campaign. The last significant economic news due prior to Election Day on Nov.
Economic Growth Picked Up Slightly In Third Quarter
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FieldTerminology: GDP
Overall Sentiment: 0
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Company: Bloomberg News
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Organization: Bureau of Labor Statistics
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Disambiguation: GovernmentAgency | GovernmentalBodyReferences:
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Source Webpage: npr.org
Economic Growth Picked Up Slightly In Third Quarter
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The news is sure to be a hot topic on the campaign trail as President Obama and Republican challenger Mitt Romney push to the Nov. 6 election.
Source Webpage: npr.org

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