Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
11/29/2012 8:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Third-Quarter GDP Revised Up to 2.7%

Navistar International Corp.

The U.S. economy’s annual growth rate was revised up to 2.7% in the third quarter from a previously estimated 2%, the Commerce Department reported Thursday.

The revised gross domestic product rate followed a 1.3% pace in the second quarter, Commerce said. GDP measures the value of all goods and services produced.

Economists had estimated a 2.8% gain, Bloomberg reported.

Thursday’s GDP figure was the second of three for the quarter.

Household purchases rose at a 1.4% annual rate, down from a previously reported 2%, Commerce said.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics, American Trucking Associations Inc.
Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement