Online Community

ASA Central

A dynamic online community for ASA members to exchange ideas and best practices, and connect with industry peers in their sector. Visit the site ›
Find Goods & Services

ASA Marketplace

This powerful online resource enables staffing companies to find and access industry supplier information, products and services. Visit the site ›
Daily Publication

Staffing Today Newsletter

Your #1 daily source for news about the workforce industry. With versions available to members and nonmembers. Visit the site ›
Health Care Reform

Affordable Care Act Resources for Staffing

Up-to-date news, resources, interactive tools, and more—all focused on helping ASA members comply with the ACA. Visit the site ›
Advertisers & Exhibitors

Staffing Industry Suppliers

ASA has numerous and diverse marketing opportunities available to help you reach the rapidly growing staffing industry. Visit the site ›
Exclusive Products

ASA Store

From certification packages and study guides to marketing tools and data reports, ASA resources add value to your business. Visit the site ›

U.S. Second Quarter GDP Revised Down to 1.3%

Reuters (09/27/12)

The U.S. gross domestic product expanded at a 1.3% annual rate in the second quarter, the slowest pace since the third quarter of 2011, the U.S. Commerce Department said in its final estimate today. That was down from last month’s estimate of 1.7% and the initial estimate of 1.5%. Economic growth was much weaker than previously estimated in the second quarter as a drought cut into inventories, setting the platform for an even more sluggish performance in the current quarter against the backdrop of slowing factory activity.

Output was also revised down to reflect weaker rates of consumer and business spending than previously estimated. Economists polled by Reuters had expected second-quarter GDP growth would be unrevised at 1.7%. The economy grew at a 2.0% pace in the January-March period.