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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 government’s 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

1 posted on 09/29/2011 6:34:33 AM PDT by Free Vulcan
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To: Free Vulcan

It’s all lies.


2 posted on 09/29/2011 6:37:01 AM PDT by tobyhill (A Democrat that doesn't lie would be a lie)
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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!


3 posted on 09/29/2011 6:37:13 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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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
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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)
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To: Free Vulcan

LOL! Read my tag line.


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.)
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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?)
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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?)
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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)
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To: hal ogen

for sure. ;-)


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.)
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To: Free Vulcan

“Spending” is not what makes a good economy.


11 posted on 09/29/2011 7:05:16 AM PDT by CGalen
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To: Free Vulcan
Dr Copper is a good predictor of future economic activity:

Copper Telling You China Much Worse Off Than You Think?


12 posted on 09/29/2011 8:04:03 AM PDT by blam
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To: blam

Interesting.


13 posted on 09/29/2011 8:33:27 AM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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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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