Wednesday, January 31, 2007

Economy - Q4 06 GDP

Bureau of Economic Research released GDP numbers this morning, (yes, I'm a subscriber).

"Advance" estimates of Q4 2006 GDP have been released, and the numbers ae pretty strong - a 3.5% increase. Things are definitely looking good for the US economy. The yearly numbers come in at 3.4% right now, making the size of the US economy just a shade under $13.5 trillion. The "preliminary" numbers are due to be released on Feb. 28, with "Final" numbers a month after that, and of course revisions are often done years later, but for right now, things are looking pretty grand.

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