Friday, January 27, 2012

U.S GDP Q4 2011 Grew by 2.8%

The bureau of economic analysis published today its first estimate of the growth
rate of the U.S. GDP in the fourth quarter of 2011: According to the report, the
growth rate of the real U.S GDP 2011 in the fourth quarter of 2011 reached 2.8%;
during the third quarter (Q3 2011) the real U.S GDP grew by only 1.8%; thus the
growth rate in the Q4 2011 was higher than in the previous quarter and was also
the best performing quarter in 2011. There were expectations for an increase in
2011s last quarter growth rate; this figure should signal that the U.S. economy
is slowly and steadily recovering from its recent years slowdown. The chart
below presents the development of the real U.S. GDP (Q-2Q) growth rate during
recent years. Currently, the American stock markets along with the major energy
commodities prices such as crude oil prices are moderately falling; gold and
silver prices are also declining: Nymex (WTI) crude oil price, short term future
(February 2012 delivery) is traded down by 0.18%, at $99.52 per barrel as of
14:14*. Gold price, short term futures (February 2012 delivery) is traded at
$1,722.20 per t oz. a $7.7 decrease as of

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