- Banned
- #1
841. GDP cheating (6/29/2014)
How the government cheat you on GDP of 1st quarter of 2014.
1. Apr 30, 2014. They said it increased 0.1%.
2. May 29, 2014. They said it decreased 1.0%.
3. Jun 25, 2014. They said it decreased 2.9%.
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How the government cheat you on GDP of 1st quarter of 2014.
1. Apr 30, 2014. They said it increased 0.1%.
2. May 29, 2014. They said it decreased 1.0%.
3. Jun 25, 2014. They said it decreased 2.9%.
------------------------------U.S. First Quarter Gross Domestic Product (Text)
By Chris Middleton Apr 30, 2014
Following is the text of the Gross Domestic Product report from the Commerce Department:
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 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the advance estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.
U.S. First Quarter Gross Domestic Product (Text) - Bloomberg
GROSS DOMESTIC PRODUCT: FIRST QUARTER 2014 (SECOND ESTIMATE)
MAY 29, 2014
Lisa Mataloni: (202) 606-5304 (GDP) [email protected]
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 1.0 percent in the first quarter according to the "second" estimate released by the Bureau of Economic Analysis.
http://www.bea.gov/newsreleases/national/gdp/2014/pdf/gdp1q14_2nd.pdf
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U.S. economy collapses in first quarter, but growing again
By Lucia Mutikani 6/25/2014
WASHINGTON (Reuters) -
The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the sharpest decline in five years, instead of the 1.0 percent pace it had reported last month.
http://finance.yahoo.com/news/u-economy-contracts-2-9-123534819.html