GDP growth tops estimates

By Geert De Lombaerde Posted on October 29, 2009 at 7:44 am

The consensus from economists on third-quarter economic acticity had been growth of 3.3 percent. The Bureau of Economic Analysis says it was a little higher than that, with the auto industry — thanks to cash for clunkers — accounting for almost half of the growth.

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Tags: automotive industry, Bureau of Economic Analysis, cash for clunkers, economic indicators, economy, gross domestic product, manufacturing  

Nashville income growth cut in half

By Geert De Lombaerde Posted on August 6, 2009 at 3:07 pm

The Bureau of Economic Analysis says Nashvillians’ incomes grew 3.3 percent in 2008, barely half the 5.8 percent of 2007. That number was right in line with the U.S. average and puts our MSA 76th in the country.

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Tags: Bureau of Economic Analysis, city rankings, economic indicators, U.S. Department of Commerce