Daily News

View All News

GDP rises only 0.6%

April 30 2008

U.S. real gross domestic product (GDP) increased at an annual rate of only 0.6% in the first-quarter, according to an advance estimate released today by the U.S. Department of Commerce. Real GDP had increased 0.6% in the fourth quarter as well.

Economists polled in the most recent Survey of Professional Forecasters by the Federal Reserve Bank of Philadelphia projected growth of 0.7% in the first quarter.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*