e-forecasting.com releases First Estimate of December US Monthly GDP

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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 First Estimate of December US Monthly GDP

US MONTHLY GDP DOWN IN NOVEMBER


Durham, NH – January 9th 2009 – Economic research firm e-forecasting.com today announced that their first estimate of US monthly GDP went down in December by 6.6 percent.

Following an decrease of 1.9 percent in November, the real-time monthly GDP, expressed at seasonally adjusted annual rates in chained 2000 prices, fell 6.6 percent in December to $11,548.3 billion.
CEO Maria Simos commented to clients that “with the first estimate of the closing month of the year, it looks like 2008 experienced 1.3 percent growth as compared to 2.0 percent growth in 2007.”

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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