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GDP falls in fourth quarter

January 30 2013

U.S. real gross domestic product fell at an annual rate of 0.1 percent in the fourth quarter, according to an advance estimate released by the U.S. Bureau of Economic Analysis. Real GDP had risen by 3.1 percent in the third quarter.

However, Reuters reports the fourth-quarter decline is seen as only temporary. For the article, click here.

Growth in the staffing industry is strongly correlated with GDP growth, according to research from Staffing Industry Analysts. The most recent Pulse Survey report indicated that December was a “poor” month for staffing. For the story, click here.

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