Bloomberg (12/05/13) Victoria Stilwell
The U.S. gross domestic product increased by 3.6% in the third quarter, up from an initial estimate of 2.8%, according to the U.S. Department of Commerce. Economists surveyed by Bloomberg had predicted an increase of 3.1%. GDP grew 2.5% in the second quarter and 1.1% in the first quarter.
GDP was boosted by a buildup in inventory. Because of the stockpiling, factory production could slow if demand doesn’t increase.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.