Showing posts with label Real gross domestic product. Show all posts
Showing posts with label Real gross domestic product. Show all posts

Wednesday, June 26, 2013

National Income and Product Accounts Gross Domestic Product


Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.8 percent in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the "third" estimate released by the Bureau of Economic Analysis. 

 In the fourth quarter, real GDP increased 0.4 percent.