GDP and the Economy: Third Estimates for the First Quarter of 2011.

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    • Subject Terms:
      UNITED States
    • Abstract:
      The article reports on the economic performance of the U.S. in the first quarter of 2011. It mentions that the real gross domestic product (GDP) of the country increase by 1.9 percent due to increase in imports and decrease in federal government spending. It notes that corporate profits in the country increased to 48.7 billion dollars from 38.2 million dollars.