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May 31, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: GDP: A tale of two (wildly different) economic indicators

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.
GDP: A tale of two (wildly different) economic indicators
May 31st 2012, 14:50

We've harped before on the fact that the government's economic data often is subject to big revisions. And it happened today: According to the Bureau of Economic Analysis, the economy grew at a plodding 1.9 percent annual pace in the first quarter of 2012. That's down from earlier estimates of a 2.2 percent pace.

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