Real gross domestic product (GDP) increased at an annual rate of 0.1 percent in the fourth quarter of 2012, according to today’s second estimate. Overall, GDP grew 2.2 percent in 2012.
Gross Domestic Product (GDP) is a quarterly report, with revisions released by the Economics & Statistics Administration, U.S. Department of Commerce, from data gathered by the Bureau of Economic Analysis. GDP is a comprehensive measure of the economic health of the nation. It represents the total value of the country's production and consists of purchases of domestically produced goods and services by individuals, businesses, foreigners, and the government.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc. Bryant provides independent, fee-only, financial planning services for individual investors. Since 1999, Chris has devoted himself to helping people make money, save money, protect money, have convenience and peace of mind. He is the author of the new book, Personal Financial Planning. Connect with Chris by E-mail or call toll-free 1-800-980-3048.
Chris Bryant is an American financial advisor.