Friday, October 28, 2011

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                               0.4%

2nd quarter 2011                              1.3%

3rd quarter 2011
Advance Estimate                             2.3%    
Second Estimate                             Nov 22
Third Estimate                                 Dec 22

The GDP advance estimate for the 3rd quarter is fantastic. Hopefully this will signal a sustained upward trend in the economy.

Release dates in 2012 Gross Domestic Product

For 4rd QT 2011
Advance Estimate      1/27/12
Second Estimate        2/29/12
Third Estimate           3/29/12

As housing goes …. So goes the economy!

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