Revised Third Quarter GDP

Real Gross Domestic Product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2009, which is down from 3.5% (first estimate), according to the "second" estimate released by the Bureau of Economic Analysis (BEA). We will have one more estimate by the BEA, which will be the final one. When everything is said and done, I am looking for the third quarter GDP to be closer to 2% than the original estimate of 3.5%.