US 2002 GDP: US $10,119,400,000,000
That sure is a lot of nothing.
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 0.7 percent in the fourth quarter of 2002, according to advance estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.0 percent. bea.doc.gov
Personal income increased $29.6 billion, or 0.3 percent, and disposable personal income (DPI) increased $28.5 billion, or 0.4 percent, in November, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $38.5 billion, or 0.5 percent. In October, personal income increased $26.5 billion, or 0.3 percent, DPI increased $28.5 billion, or 0.4 percent, and PCE increased $27.3 billion, or 0.4 percent, based on revised estimates. bea.gov |