Growth in Gross Domestic Product fell to 2.2 percent in the first quarter of 2012 after increasing at a 3.0 percent annualized rate in the fourth quarter of 2011 and 1.8 percent in the quarter before that. Increased accumulation of private inventories accounted for 0.59 percentage points to total growth compared with 1.81 percentage points in the previous quarter, but final demand rose at a 1.6 percent annualized rate compared with 1.1 percent in the fourth quarter of last year.


For more, check out the latest GDP Byte.

GuideStar Exchange Gold charity navigator LERA cfc IFPTE

contact us

1611 Connecticut Ave., NW
Suite 400
Washington, DC 20009
(202) 293-5380

let's talk about it

Follow us on Twitter Like us on Facebook Follow us on Tumbler Connect with us on Linkedin Watch us on YouTube Google+ feed rss feed