Fact of the day: lower inflation in the USA

Sun, 12/25/2011 - 06:14 EDT - Real-World Economics

from Merijn Knibbe According to the “GROSS DOMESTIC PRODUCT: THIRD QUARTER 2011 (THIRD ESTIMATE)”, which publishes the broad based price index for gross domestic putchases, inflation of the price level (not just consumer prices) in the USA is declining: “The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 2.0 [...]

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GDP Comes Out Today, And It's Expected To Be The Weakest Number Since The First Quarter Of 2011
WASHINGTON (Reuters) - The U.S. economy likely grew at its slowest pace in nearly two years in the fourth quarter as businesses added less stock to their warehouses and government spending fizzled, setting it up for a difficult start in 2013. Gross domestic product probably expanded at a 1.1 percent annual rate, braking sharply from a 3.1 percent clip in the third quarter, according to a Reuters poll of economists. That would mark the weakest growth pace since the first quarter of 2011 and it would show the economy entering the new year with little momentum.
Gross Domestic Product, 4th quarter 2011 and annual 2011 (third estimate); Corporate Profits, 4th quarter 2011 and annual 2011
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 3.0 percent in the fourth quarter of 2011(that is, from the third quarter to the fourth quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 1.8 percent. Full Text
Gross Domestic Product, 3rd quarter 2011 (third estimate); Corporate Profits, 3rd quarter 2011 (revised estimate)
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 1.8 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent.Full Text
Gross Domestic Product, 3rd quarter 2011 (second estimate); Corporate Profits, 3rd quarter 2011 (preliminary estimate)
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 2.0 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter) according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent. Full Text
Gross Domestic Product, 2nd quarter 2011 (third estimate);Corporate Profits, 2nd quarter 2011 (revised estimate)
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 1.3 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.4 percent. Full Text
Gross Domestic Product, 2nd quarter 2011 (second estimate); Corporate Profits, 2nd quarter 2011 (preliminary estimate)
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 1.0 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.4 percent. Full Text
National Income and Product Accounts | Gross Domestic Product: Second Quarter 2011 (Advance Estimate) | Revised Estimates: 2003 through First Quarter 2011
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 1.3 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.4 percent.Full Text
Gross Domestic Product, 1st quarter 2011 (third estimate); Corporate Profits, 1st quarter 2011 (revised estimate)
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 first quarter of 2011, (that is, from the fourth quarter to the first quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 3.1 percent.Full Text
Gross Domestic Product, First Quarter 2011 (second estimate); Corporate Profits, First Quarter 2011 (preliminary estimate)
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 1.8 percent in the first quarter of 2011, (that is, from the fourth quarter to the first quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 3.1 percent. Full Text
Initial 4th Quarter Data Show GDP Increased at 5.7% Annual Rate
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 5.7% in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.2%.

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Fact of the day: lower inflation in the USA

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