FOR IMMEDIATE RELEASE
Contact:
Maria E. Simos
65 Newmarket Road
Durham, NH 03824
Phone: 603-868-7436
http://www.e-forecasting.com
info@e-forecasting.com
e-forecasting.com
releases Second Estimate of November US
Monthly GDP
US MONTHLY GDP DOWN IN NOVEMBER
Durham, NH December 16th 2008
Economic research firm e-forecasting.com today announced that
their second estimate of US monthly GDP fell in November by 3
percent.
Following an increase of 2 percent in October,
the real-time monthly GDP, expressed at seasonally adjusted
annual rates in chained 2000 prices, fell 3 percent in November
to $11,613.8 billion.
CEO Maria Simos commented to clients
that it appears that prices are falling as fast as national
income, hence a softening the free fall in real GDP.
e-forecasting.com,
an international economic research and consulting firm, offers
forecasts of the economic environment using proprietary
real-time economic indicators and produces company and
industry-specific leading indicators for its clients. In
cooperation with its affiliate, Infometrica, Inc., e-forecasting.com
works with business publications and clients across the globe to
provide industry, country and state-level economic content on a
monthly and quarterly basis thus their predictive intelligence
input is used by practitioners around the world.
For complimentary chart to accompany this, or
further information:
http://www.e-forecasting.com or
For a full press release including charts,please
see attached PDF or contact:
info@e-forecasting.com
Phone: 603-868-7436
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