USA GDP Grows By 3.5%
Joshua Zumbrun, 10.29.09, 09:47 AM EDT
(original source: http://www.forbes.com/2009/10/29/gdp-economy-growth-business-washington-gdp.html)
WASHINGTON -- After a long decline, the economy is officially growing again. According to initial estimates, the economy grew by 3.5% in the third quarter of 2009.
Though widely expected to be positive, the figure slightly beat expectations. Economists had projected 3.2% growth. USA GDP has not been positive since the second quarter of 2008. According to the National Bureau of Economic Research, the recession began in December 2007. But with an expanding economy, the recession is all but officially over, and even job growth should soon return!
giovedì 29 ottobre 2009
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