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
Spiritus Technologies PBC Plans Santa Fe, New Mexico, Operations
07/10/2025
Taiwan-Based Eurocharm Group Plans Kershaw County, South Carolina, Manufacturing Operations
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Sumitomo Electric Wiring Systems Plans Simpson County, Kentucky, Manufacturing Operations
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Atlantic Union Bank Expands Henrico, Virginia, Operations
07/10/2025
AssetMark Plans Charlotte, North Carolina, Operations
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Citigroup Plans Charlotte, North Carolina, Operations
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