Asset Based Loan

Gross Domestic Product up 1.9% 1st Quarter 2012

According to the Bureau of Economic Analysis’s most recent report, Gross Domestic Product increased at an annual rate of 1.9% in the 1st Quarter of 2012.

The statistics represent the Real Gross Domestic Product, which is defined as the output of goods and services produced by labor and property located in the United States.   This is a quarter to quarter slowdown from 4th Quarter 2011, when the real gross domestic product was 3.0% on an annual basis.   The figure for the 1st Quarter of 2012 is very similar to the figure for the 3rd Quarter of 2011, when real gross domestic product increased approximately 1.85% on an annual basis for the 3rd Quarter 2011.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

Public Radio Planet Money – All issues money related to the public.

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