ForgottenMan101
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- Oct 15, 2012
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According to the Bureau of Economic Analysis (BEA), the real gross domestic product (GDP) increased by 1.3 percent in the second quarter of 2012, down from 2.0 percent from first quarter 2012.
The BEA data also show GDP growth of (negative) - 3.1 percent in 2009; 2.4 percent in 2010; and 1.8 percent in 2011.
In addition, the Bureau of Labor Statistics (BLS) shows that the national unemployment rate is 7.8 percent, the same rate as when Barack Obama was inaugurated as president in January 2009.
The BEA data also show GDP growth of (negative) - 3.1 percent in 2009; 2.4 percent in 2010; and 1.8 percent in 2011.
In addition, the Bureau of Labor Statistics (BLS) shows that the national unemployment rate is 7.8 percent, the same rate as when Barack Obama was inaugurated as president in January 2009.