Focus on Economic Data: U.S. Real GDP Growth, January 29, 2010
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson focuses on the January 29, 2010, first estimate of U.S. real gross domestic product (Real GDP) for the fourth quarter of 2009, reported by the U.S. Bureau of Economic Analysis (BEA). The current data and historical data are explained. The meaning of GDP and potential impacts of changes of GDP are explored. This lesson will also raise questions about the impact of the current level of growth on the U.S. economy and individuals.
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