quarter gdp

Washington, D.C. (PRESS RELEASE – January 31, 2011) – Today, Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), issued the following statement about the fourth quarter GDP numbers released by the U.S.

Bureau of Economic Analysis:

“There was some good news in today’s GDP report, with fourth quarter real GDP growth topping 3 percent (3.2 percent), and private GDP growth hitting 3.3 percent.

Most of this was about growth in personal consumption.

San Francisco (PRESS RELEASE – December 26, 2010) – Business owner optimism is increasing, according to the most recent Wells Fargo/Gallup Small Business Index survey conducted November 4-10.

Survey results show improved outlook for business owners over the next 12 months in revenues, cash flow and capital spending.

The first of the government's three readings on third-quarter GDP came in at a tepid 2 percent. These early estimates have a way of getting trimmed back when the final numbers are printed.

Stay tuned.

The economy tumbled at a 5.5 percent pace in the first quarter, but appears to be doing better now.