For this week's look at the US economy and the budget:
According to the Bureau of Labor Statistics. the US GDP at the end of 2012 was just under $16 trillion - $15.864 trillion.
If you need a refresher on what the GDP is click here. Some of the figure we will be looking at regarding the budget are set in percentages of GDP. It might be helpful to know what that figure is.
For more detail:
- Trading Economics.
- Google Data.
- US economy climbs off the mat.