2011 GDP: 1.7%
That's the final, pathetic growth number for 2011.
From the just-released GDP report:
Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010.
The increase in real GDP in 2011
primarily reflected positive contributions from personal consumption
expenditures (PCE), exports, and nonresidential fixed investment
that were partly offset by negative contributions from state and local
government spending, private inventory investment, and federal
government spending. Imports, which are a subtraction in the
calculation of GDP, increased.
Not exactly a barnburner.
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