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US – GDP inches back to positive territory

February 28 2013

U.S. real gross domestic product increased at an annual rate of 0.1 percent in the fourth quarter of 2012, according to the second estimate released today by the U.S. Bureau of Economic Analysis. The second estimate is up from the previously released advance estimate of a 0.1 percent decline.

Real GDP rose by 3.1 percent in the third quarter.

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 January was a “mediocre” month for staffing. For the story, click here.

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