Thread: Us : Gross Domestic Product: Third Quarter 2008 (final)

GROSS DOMESTIC PRODUCT: THIRD QUARTER 2008 (FINAL)

CORPORATE PROFITS: THIRD QUARTER 2008 (FINAL)



Real gross domestic product -- the output of goods and services produced by labor and property

located in the United States -- decreased at an annual rate of 0.5 percent in the third quarter of 2008,

(that is, from the second quarter to the third quarter), according to final estimates released by the Bureau

of Economic Analysis. In the second quarter, real GDP increased 2.8 percent.



The GDP estimates released today are based on more complete source data than were available for

the preliminary estimates issued last month. In the preliminary estimates, the decrease in real GDP was

also 0.5 percent (see "Revisions" on page 3).



Full release here.

More informations about Realtime Forex

Originally Posted by Reatime Forex

GROSS DOMESTIC PRODUCT: THIRD QUARTER 2008 (FINAL)

CORPORATE PROFITS: THIRD QUARTER 2008 (FINAL)



Real gross domestic product -- the output of goods and services produced by labor and property

located in the United States -- decreased at an annual rate of 0.5 percent in the third quarter of 2008,

(that is, from the second quarter to the third quarter), according to final estimates released by the Bureau

of Economic Analysis. In the second quarter, real GDP increased 2.8 percent.



The GDP estimates released today are based on more complete source data than were available for

the preliminary estimates issued last month. In the preliminary estimates, the decrease in real GDP was

also 0.5 percent (see "Revisions" on page 3).



Full release here.

More informations about Realtime Forex

It seems like this figure, and the more important figures of the Existing Home Sales don't weaken the dollar, as it usually happens.
These figures are terrible, but the greenback just gets stronger...