Real Gross Domestic Product (GDP) during the fourth quarter (October through December) of 2001 increased at an annual rate of 1.7 percent. This is the final estimate for the fourth quarter and is a revision of the announcement of a 1.4 percent increase that was made one month ago. During the first three quarters of 2001, real GDP changed at annual rates of +1.3 percent, +0.3 percent and -1.3 percent respectively.
Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.
Real Gross Domestic Product (GDP) during the third quarter (July through September) of 2003 increased at an annual rate of 7.2 percent.