Bureau of Economic Analysis

• GDP revised lower to 1% in second quarter

  By Press Release  |  August 26, 2011

  GDP for the second quarter was revised to show growth at 1% as opposed to the previous esitmate of 1.3%

• First quarter GDP decelerates to 1.8%

  By Press Release  |  April 28, 2011

  The BEA released first quarter GDP estimates at a lower than expected 1.8% based on increased imports and decreased government spending

• Recession ended in June '09 according to NBER

  By Press Release  |  September 20, 2010

  The National Bureau of Economic Research (NBER) determined that the recession officially ended in June 2009, making it the lossing recession since World War II.

• GDP for 2Q revised lower to 1.6%

  By Press Release  |  August 27, 2010

  U.S. Gross Domestic Product for the second quarter was revised lower, to 1.6%, by the Bureau of Economic Analysis in its second estimate. The advance second quarter estimate of GDP, released last month, indicatd 2.4% growth.

• GDP up 2.4% in Q2

  By Press Release  |  July 30, 2010

  The economy grew at a slower pace in second quarter but did not fall into double dip recession as some had feared.

• Consumer spending up in January

  By Press Release  |  March 1, 2010

  Consumer spending rose 0.5% in January despite a decrease in real disposable income according to the Commerce Department.

• GDP up 5.7%

  By Press Release  |  January 29, 2010

  Fourth quarter GDP increased at an annual rate of 5.7%.