GDP REPORT

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%

4th quarter 2010                       3.1%

1st quarter 2011

Advance Estimate April 28        1.8%

Second Estimate May 26          1.8%

Third Estimate June 24

I am not an economist but the first quarter of 2011 looks exactly like the 2nd quarter of 2010.

WHY talk about anything other than the economy and jobs????????

Release dates in 2011 Gross Domestic Product

                                        2nd QT                    3rd QT
Advance Estimate              July 29                     Oct 27
Second Estimate               Aug 26                     Nov 22
Third Estimate                  Sept 29                    Dec 22

As housing goes …. So goes the economy!