2.8%

The latest and last reading on the fourth quarter GDP has it increasing at a rate of 2.8%. This is down from the earlier reading of 3.2%

The Bureau Of Economic Analysis: Gross Domestic Product, 4th quarter and Annual 2010 (second estimate)

...increased at an annual rate of 2.8 percent in the fourth quarter of 2010...


The small fourth-quarter acceleration in real GDP primarily reflected a sharp downturn in imports, an acceleration in PCE, an upturn in residential fixed investment, and an acceleration in exports that were mostly offset by downturns in private inventory investment and in federal government spending, a deceleration in nonresidential fixed investment, and a downturn in state and local government spending.