GDP Watch Q1 Final

Despite the rising unemployment claims, the size of the first quarter contraction continues to drop. So, apparently it wasn’t quite as bad as initially reported, at least, if you actually take the GDP numbers without a grain of salt.

QuarterAdvPreFinalRevAnnual
2009 Q1-6.1-5.7-5.5
2008 Q4-3.8-6.2-6.2-6.31.1 (1.3)
2008 Q3-0.3-0.5-0.3-0.5
2008 Q21.93.32.82.8
2008 Q10.60.91.00.9
2007 Q40.60.60.6-0.22.0
2007 Q33.94.93.94.8
2007 Q23.44.03.84.8
2007 Q11.20.50.60.1
2006 Q43.52.22.51.52.8
2005 Q41.11.61.71.32.9
2004 Q43.13.83.82.43.6