From BEA: Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.9 percent in the first quarter of 2012 (that is, from the fourth quarter to the first quarter), according to the "second" estimate released by the Bureauof Economic Analysis. In the fourth quarter of 2011, real GDP increased 3.0 percent.
The GDP estimate released today is based on more complete source data than were available forthe "advance" estimate issued last month. In the advance estimate, the increase in real GDP was 2.2percent.
REAL ANNUALIZED GDP GROWTH
REAL ANNUALIZED GDP GROWTH LONG TERM