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Real Estate & Property Law

: Housing Wire

U.S. GDP Down 0.5 Percent in Q3; Is Inflation Tamed?

By PAUL JACKSON

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As expected, U.S. real gross domestic product fell at a 0.5 percent annualized rate during the third quarter, unrevised from a previous estimate, according to the Commerce Dept. Tuesday morning. GDP is a measure of all products, goods and services produced in the economy, and a negative GDP reading signals economic contraction. While the unrevised number [...]

Full post as published by Housing Wire on December 23, 2008 (boomark / email).

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