The Economy

GDP

2nd quarter 2009           -0.7%

3rd quarter 2009             2.2%

4th quarter 2009              5.6%

Advanced Estimate for 1st quarter 2010            3.7%

Final Estimate  1 QT 2010                                2.7%

Advanced Estimate for 2nd quarter 2010                       2.4%

Current Estimate    2 QT 2010                                      1.7%

Advanced Estimate for 3rd quarter 2010                             2.0%

Second Estimate due 11/23/10                                                   ?

Third Estimate due 12/22/10                                                      ?

I look at trends and it seems that from the advanced GDP estimates to the final estimate, the estimate of growth rate decreases as more data becomes available. Also notice that the advanced estimate also seems to be on a downward trend.

I will post the third quarter data in Nov and Dec.