Some Recent GDP Stats

0.6% Estimated annualized 2007 4th Quarter (revised to a contraction of 0.2%)
0.6% Commerce Department reported annualized 2007 4th Quarter

Builder spending in the 4th Quarter of 2007 shrank by 25.2% – largest cut in 26 years

Consumer spending increased at a rate of 2.3% – a healthy number is 2.8% but still better than analysts who guessed 1.9%

Business buying of equipment and software resources increased at a rate of 3.1% for the 4th Quarter of 2008. The 3rd Quarter saw businesses add resources at a rate of 6.2%

Core inflation was 2.5%, slightly better than the analysts expected (2.7%)

Foreign trade has had a positive economic contribution over the last quarter. Exports rose at a rate of 6.5%, up from 4.8%

About benleeson
My name is Ben Leeson. I currently work for a large financial company in IT. I went to school at Marist College in Poughkeepsie, NY. I graduated with a B.S. in Business Administration concentrating in HR. Professor William Brown taught me and I enjoyed his classes; even acquiring an appreciation for just about all things HR. I didn’t pursue a job in that field after college but I’ve kept up with it. This blog will further my fascination with all things HR. I hope to grow my knowledge of the area through thoughtful writings and spirited feedback. I will attempt to have a fairly routine style so anyone reading can come to expect certain segments. Please excuse my incorrect grammar and occasional misspelling.

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