Monday, March 28, 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             3.1%

Is this a great trend!! If the first quarter shows an upward trend in the GDP or even stays level, our economy is on the mend in spite of all of the problems. As housing goes …. So goes the economy!

                                           1st QT            2nd QT           3rd QT

Advance Estimate                April 28           July 29            Oct 27

Second Estimate                  May 26           Aug 26            Nov 22

Third Estimate                      June 24          Sept 29            Dec 22

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