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Gross Domestic Product
Posted on February 01, 2009
BEA: News Release: Gross Domestic ProductReal gross domestic product the output of goods and services produced by labor and property located in the United States decreased at an annual rate of 3.8 percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to advance estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP decreased 0.5 percent.Here s how the year/year percentage change in GDP and in corporate equipment/software investment looks when charted. ...
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