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Second-quarter GDP revised up to show 1.3% growth
Marketwatch ^
| 9.29.11
| Greg Robb
Posted on 09/29/2011 6:34:20 AM PDT by Free Vulcan
The U.S. economy expanded at a slightly faster pace than previously thought in the second quarter of 2011, led by a pickup in consumer and construction spending, government data showed Thursday.
Gross domestic product rose at an annual rate of 1.3% in the second quarter, the Commerce Department said.
The rate of GDP growth was faster than the governments prior reading of 1.0%.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: 2q; economy; gdp
To: Free Vulcan
2
posted on
09/29/2011 6:37:01 AM PDT
by
tobyhill
(A Democrat that doesn't lie would be a lie)
To: Free Vulcan
Obamas new plan... if we can’t actually turn the economy around... then lets just make up fake data so we can at least claim we have!
To: tobyhill
The title even seems to say that it is fake. “revised up to show”?
4
posted on
09/29/2011 6:39:02 AM PDT
by
tiki
To: tiki
It’s the newest of the newest revision.
5
posted on
09/29/2011 6:40:50 AM PDT
by
tobyhill
(A Democrat that doesn't lie would be a lie)
To: Free Vulcan
6
posted on
09/29/2011 6:40:57 AM PDT
by
F.J. Mitchell
(If bull s*it was gold Obama could pay off the National debt all by himself.)
To: F.J. Mitchell
This soooooooooooooooo unexpected.
7
posted on
09/29/2011 6:42:57 AM PDT
by
hal ogen
(First Amendment or Reeducation Camp?)
To: F.J. Mitchell
This soooooooooooooooo unexpected.
8
posted on
09/29/2011 6:44:16 AM PDT
by
hal ogen
(First Amendment or Reeducation Camp?)
To: Free Vulcan
exactly how can this not be real-time these days?
9
posted on
09/29/2011 6:57:03 AM PDT
by
sten
(fighting tyranny never goes out of style)
To: hal ogen
10
posted on
09/29/2011 7:03:50 AM PDT
by
F.J. Mitchell
(If bull s*it was gold Obama could pay off the National debt all by himself.)
To: Free Vulcan
“Spending” is not what makes a good economy.
11
posted on
09/29/2011 7:05:16 AM PDT
by
CGalen
To: Free Vulcan
12
posted on
09/29/2011 8:04:03 AM PDT
by
blam
To: blam
13
posted on
09/29/2011 8:33:27 AM PDT
by
Free Vulcan
(Vote Republican! You can vote Democrat when you're dead.)
To: Free Vulcan
And are we supposed to celebrate this almost non growth in the GDP?
14
posted on
09/29/2011 8:45:54 AM PDT
by
jgge
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