Q3 Real GDP Growth = 2.5%

The initial report for third-quarter came out this morning and it showed that the U.S. economy grew by 2.5% in real terms. That’s okay but still not close to what we need. Still, it’s the best growth in a year.

We’ve finally passed the peak from the fourth quarter of 2007. In those 15 quarters, the economy has grown by a grand total of 0.2%.

Here’s a stat that sums it up: The U.S. economy has grown less in the last 11 years than in the four years before that.

Here’s a look at real GDP since 2005. (I’ve given up trying to find a letter to describe this…N? U? V?)

Posted by on October 27th, 2011 at 10:30 am


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