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Feb 29, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Last quarter’s GDP numbers were better than we thought

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Last quarter's GDP numbers were better than we thought
Feb 29th 2012, 15:26

Whenever the government releases new economic data, one thing to remember is that the numbers typically get revised in the months that follow — often dramatically. Case in point: The Bureau of Economic Analysis now says GDP grew at a 3 percent rate at the end of last year, rather than 2.8 percent.

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