But then the revised first-quarter numbers were 0.4% growth and the second-quarter GDP growth was 1%.
Because in reality, 42 times over the past 68 years our nation's GDP growth was below zero.
Economists expect GDP growth for the nation should reach 2.4% in 2010 then dip to 1.8% next year.
And yes, you'll argue the GDP figures are much more significant - but you'll read about those elsewhere.
Even though the Cypriot economy is tiny - what will be the impact of this on its GDP?
Forecasts this year are for real GDP growth of 7%, single-digit inflation and continued increases in real wages.
Nor have we ever had our total debt as a percentage of GDP reach 244%.
Not to be outdone, Sweden's politicians grab 53% of GDP (it was 40% in 1970).
Japan's 29% tax grab, for example, has climbed by nine percentage points of GDP since 1970.
That Gross Debt would cross 100% of GDP, equal to our entire economy, in 2020.
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Understated inflation used in estimating inflation-adjusted growth has created the illusion of recovery in reported GDP.
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The entirety of the George W. Bush administration averaged a mere 2.1% annual real GDP growth.
Stay below 90% of GDP and everything proceeds more or less according to traditional models.
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The current Greek deficit is now thought to be 13.6% of a far smaller GDP.
The GDP figure for the fourth quarter is expected to come in at up 3%.
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The energy-intensive industries account for around 2% of UK GDP and 2% of jobs.
Every Republican administration since Reagan has provided economic stagnation: GDP growth averaging around 2%.
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But 19.1 percent of GDP falls far short of what Democrats are willing to accept.
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The substantive, more serious problem, is that revenue target of 19.1 percent of GDP.
FORBES: Taxes and Paul Ryan's Budget: What's Clear, And What Isn't
When I turned 18, the Federal debt as a percent of GDP hovered around 25%.
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In comparison, China is expecting GDP growth of 8% for both 2005 and 2006.
Now, Japan is stuck at the 70% of US GDP found by most wealthy countries.
Also, the recession ended a few months later and GDP has expanded ever since.
After a new methodology was introduced in 2008, official GDP figures were boosted by nearly 15%.
The Commission would also overhaul the tax code and cap government revenue at 21% of GDP.
Russian President Vladimir Putin has set the target of doubling the country's GDP in 10 years.
In 1952, the highest rate was back at 92%, and tax receipts were 19% of GDP.
Spending at this current level would push debt to 90% of GDP by 2022.
In 1989, Liberia was making steady economic progress, its GDP having almost doubled since 1970.
Home construction already exacted its toll on GDP of a couple of percentage points.
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