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Archive for the 'Commerce' Category
08 3rd, 2008
Washington DC -July 31- Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 1.9 percent in the second quarter of 2008 (that is, from the first quarter to the second quarter), according to advance estimates released by the Bureau of Economic Analysis.
08 3rd, 2008
Washington DC -July 31- Commerce Secretary Carlos M. Gutierrez released the following statement on the preliminary second quarter real gross domestic product (GDP), which showed that the U.S. economy grew at a rate of 1.9 percent in the second quarter of 2008: