Second Estimate 3Q2011 GDP Disappoints: Revised Down to 2.0%

by Steven Hansen and Doug Short The second estimate of third quarter 2011 Gross Domestic Product (GDP) is 2.0% – up from 2Q2011 GDP of 1.3% and down from the advance 3Q2011 estimate of 2.5%. The market expected 2.3% to 2.5%. This is the second estimate, which is based on  more complete data and is …

Advance Third Quarter 2011 GDP is 2.5%

by Steven Hansen and Doug Short Advance third quarter 2011 Gross Domestic Product (GDP) is 2.5% – up from 2Q2011 GDP of 1.3%.  This was on the high side of Econintersect’s estimate and higher than the 2.1% GDP forecast by Briefing.com.  This is an advance estimate, which is based on incomplete data and is subject …