Real GDP Slumps to 1.6 percent, Commerce Department Reports
09/30/2010
The increase in real GDP is attributed to personal consumption, exports, private inventory investment, and federal government spending, among other criteria. The deceleration is attributed to an uptick in imports and a steep decline in private inventory investments.
Motor vehicle output dropped the second quarter change in real GDP by 0.06 percent, after boosting it by nearly three-quarters of a percentage point in the first quarter.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
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Epic Flight Academy Establishes Hebron, Kentucky, Operations
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EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
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Canfor Expands Fulton, Alabama, Production Operations
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