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Real Gross Domestic Product (GDP) during the second quarter (April through June) of 2003 increased at an annual rate of 2.4 percent. This is the first release of the data for the second quarter. This compares to annual rates of 4.0, 1.4, and 1.4 percent in each of the previous three quarters. For the entire 2002 year, real GDP increased at a rate of 2.4 percent. During 2001, real GDP increased by .3 percent - a year in which real GDP fell during the first three quarters. Annual growth rates in 1999 and 2000 were 4.1 percent and 3.8 percent.
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