Why is GDP popular right now?

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Check out #TeamRichKat. The U.S. Commerce Department revised down projections for gross domestic product (GDP) since 2007, indicating that the recession in the country went deeper than had been calculated. New figures show that between the fourth quarter of 2007 and second quarter of 2009, real GDP declined to U.S. average annual rate of 2.8%. Previously, this estimate was a 2.5% contraction. (as of July 30 at 15:18 UTC)
Category: | Most recent: July 31 at 13:05 UTC | First appearance: January 30 at 14:45 UTC | Last defined: July 30 at 15:18 UTC by @Pimpossible via UberTwitter | Source: Twitter | Permalink

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