Skip to content

September 27, 2012

GDP revised down to 1.3 percent in second quarter

by Central Coast Lending

The Commerce Department has revised second-quarter GDP down to an annual pace of 1.3 percent growth, from an original marking of 1.7 percent.  Slower personal consumption was responsible for the change.


Central Coast Lending is a California mortgage brokerage based in San Luis Obispo County. With offices in San Luis Obispo, Morro Bay, Paso Robles, and Arroyo Grande, Central Coast Lending is the top source for Central Coast mortgage, real estate, and home loan needs. To see why using a broker offers lower rates and superior service, click HERE. For a free, hassle-free online pre-qualification click HERE or call 805.543.LOAN to talk to one of our expert loan officers.

We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. Reader comments on are the opinions of the writer, not Central Coast Lending. For a list of forum rules, click HERE.

Comments are closed.