Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Friday, July 28, 2006

Disappointing Real GDP Number for the Second Quarter

The GDP growth release:

Real gross domestic product (GDP) grew at an annual rate of 2.5% in the second quarter of 2006, according to today's advance estimate. This follows a 5.6% growth rate in the first quarter.

I had hoped it would be higher.

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