Tuesday, March 1, 2011

GDP

2nd quarter 2009      0.7%
3rd quarter 2009      2.2%
4th quarter 2009      5.6%

1st quarter 2010      2.7%
2nd quarter 2010     1.7%
3rd quarter 2010     2.6%

Release dates in 2011 Gross Domestic Product

4th quarter 2010
Advance Estimate      January 28       3.2%
Second Estimate        February 25     2.8%
Third Estimate           March 25

The GDP will be significantly impacted by the rise in oil prices and commodities. The first quarter GDP estimates will be published in late April, 2011. We will be into a new economic period for two months by then and we will not need these estimates to know how the economy is holding up

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