Real Gross Domestic Product (GDP) during the first quarter (January through March) of 2004 increased at an annual rate of 4.4 percent. This is a .2 percent increase over the initial announcement one month ago.
Real gross domestic product (GDP) during the fourth quarter (October through December) of 2004 increased at an annual rate of 3.8 percent. The increase in real GDP for the entire year of 2004 was 4.4 percent.
Real gross domestic product (GDP) during the first quarter (January through March) of 2005 increased at an annual rate of 3.5 percent. This is the preliminary estimate of the change in real GDP for the first quarter. It is a revision of the advance estimate of a 3.1 percent increase in real GDP in the first quarter. The increase in real GDP was primarily due to increases in consumption and inventory, software, equipment, residential housing investment, and exports. Imports did increase during the quarter.
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Created as a supplement to existing middle school world geography and world history courses, the 5 units in this guide introduce students to the basics of global trade.
1 out of 7 lessons from this publication relate to this EconEdLink lesson.