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GDP growth estimate revised up for Q4

March 28 2013

U.S. real gross domestic product increased at an annual rate of 0.4 percent in the fourth quarter of 2012, according to the third and final estimate released today by the U.S. Bureau of Economic Analysis. The third estimate is up from the previously released advance estimate of a 0.1 percent increase, and an even earlier estimate that said GDP contracted 0.1 percent.

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.

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