e-forecasting.com releases US Monthly GDP Down in November

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US Monthly GDP Down in November

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FOR IMMEDIATE RELEASE

Contact:
Maria E. Simos
65 Newmarket Road
Durham, NH 03824
Phone: 603-868-7436
http://www.e-forecasting.com
info@e-forecasting.com

e-forecasting.com releases Second Estimate of November US Monthly GDP

US MONTHLY GDP DOWN IN NOVEMBER


Durham, NH – December 16th 2008 – Economic research firm e-forecasting.com today announced that their second estimate of US monthly GDP fell in November by 3 percent.

Following an increase of 2 percent in October, the real-time monthly GDP, expressed at seasonally adjusted annual rates in chained 2000 prices, fell 3 percent in November to $11,613.8 billion.
CEO Maria Simos commented to clients that “it appears that prices are falling as fast as national income, hence a softening the free fall in real GDP.”

e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary real-time economic indicators and produces company and industry-specific leading indicators for its clients. In cooperation with its affiliate, Infometrica, Inc., e-forecasting.com works with business publications and clients across the globe to provide industry, country and state-level economic content on a monthly and quarterly basis thus their predictive intelligence input is used by practitioners around the world. 

For complimentary chart to accompany this, or further information: http://www.e-forecasting.com  or

For a full press release including charts,please see attached PDF or contact: info@e-forecasting.com
Phone: 603-868-7436
 


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