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Bureau of Economic Analysis

Bureau of Economic Analysis (BEA)

Statement from Under Secretary Rebecca Blank on the Second Estimate of Gross Domestic Product in the Third Quarter 2009

Submitted on November 24, 2009 - 9:00am
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WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released the second estimate of gross domestic product (GDP) for the third quarter of 2009. Real GDP rose 2.8 percent at an annual rate, down moderately from the advance estimate of 3.5 percent. Most private analysts had expected a revision to 2.7 percent in the third quarter.

Commerce Secretary Gary Locke Statement on 3rd Quarter GDP

Submitted on October 29, 2009 - 12:30pm
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WASHINGTON, D.C. – The Commerce Department’s Bureau of Economic Analysis today released data on GDP in the third quarter.

Real GDP increased 3.5 percent at an annual rate in the third quarter, after declining in five of the preceding six quarters. The gain marked the largest quarterly advance since the third quarter of 2007. U.S. Commerce Secretary Gary Locke issued the following statement in response to the news.