Economic News

GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (Final) Corporate Profits, Fourth quarter 2008

Real 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 6.3 percent in the fourth quarter of 2008,
(that is, from the third quarter to the fourth quarter), according to final estimates released by the Bureau
of Economic Analysis. In the third quarter, real GDP decreased 0.5 percent.
Top Business blogs Top Blogs