Real gross domestic product (GDP) grew at an annual rate of 2.0 percent in the third quarter of 2012, according to today’s advance estimate. This follows a growth rate of 1.3 percent in the second quarter of 2012.
Gross Domestic Product (GDP) is a quarterly report, with revisions, released by the Economics & Statistics Administration, United States Department of Commerce, from data gathered by the U.S. 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., an independent, fee-only, registered investment adviser. Since 1999, Chris has devoted himself to the practice of financial services – helping people make money, save money, protect money, have convenience and peace of mind. Connect with Chris@BryantWealthManagement.com.
Chris Bryant is an American financial advisor.