Report on GDP Expected to Show Growth

WASHINGTON (AP) -- A report due from the government this morning should show that the economy started to grow again in the last quarter.

Economists look for the third quarter GDP report to show growth of about 3 percent or so.

Technically, the National Bureau of Economic Research declares the beginning and end to recessions. The private nonprofit research organization has yet to say whether the downturn has ended.

Also due this morning, the Labor Department releases weekly claims for unemployment benefits.

 

©2009 Associated Press. All rights reserved. This material may not be published, rewritten, or redistributed.