“Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.” source: www.bea.gov
For FCI and GLG clients, schedule your consult to review how this specifically impacts current and expected tech spending in the enterprise space.
The full text of the release on BEA’s Web site can be found at www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
