The bureau of economic analysis published yesterday its second estimate of U.S.
GDP 2011 third quarter of 2011: According to the report, the growth rate of the
real U.S GDP 2011 in the third quarter of 2011 was revised down from 2.5% in the
initial estimate to 2.0% growth rate in the current estimate; in the previous
quarter (Q2 2011) the real U0S GDP rose by only 1.3%. The Q3 2011 growth rate is
still the highest growth rate in 2011. On the one hand, this news shows a higher
growth rate than in the two previous quarters, but on the other hand the growth
rate for Q3 2011 was revised down; this revision may have been among the factors
to adversely affect the American stock markets yesterday and could continue to
affect traders to trade down stock along with major commodities such as crude
oil and gold. Currently the American stock markets along with the major
commodities prices such as crude oil prices and gold price are falling: Nymex
(WTI) crude oil price, short term future (December 2011 delivery) is traded
declining by 2.18%, at $95.87 per barrel as of 16:11*. Gold price, short term
futures (December 2011 delivery)
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