Commerce Secretary Gary Locke Statement on 3rd Quarter GDP
WASHINGTON, D.C. – The Commerce Department’s Bureau of Economic Analysis today released data on GDP in the third quarter.
Real GDP increased 3.5 percent at an annual rate in the third quarter, after declining in five of the preceding six quarters. The gain marked the largest quarterly advance since the third quarter of 2007. U.S. Commerce Secretary Gary Locke issued the following statement in response to the news.
