Tuesday, January 1, 2013

Economic Growth Picked Up Slightly In Third Quarter | Synopsis

Economic Growth Picked Up Slightly In Third Quarter

Paul Krugman and Ruth Shapiro
Paul Krugman and Ruth Shapiro by commonwealth.club
License (according to Flickr): Attribution License
Excerpt:

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

Additional Info:

FieldTerminology: GDP

Overall Sentiment: 0

Relevance: 0.651278

Company: Bloomberg News

Overall Sentiment: 0.107882

Relevance: 0.762437

Organization: Bureau of Labor Statistics

Overall Sentiment: 0

Relevance: 0.72995

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