03/25/2011 - 8:30am
Real gross domestic product (GDP) grew at an annual rate of 3.1% in the fourth quarter of 2010, according to today’s third estimate. This follows a growth rate of 2.6% in the third quarter. Real GDP grew 2.9% in 2010 overall. Corporate profits grew 2.3% (non-annualized) in the fourth quarter of 2010 and grew 29.2% in 2010 overall.