For this discussion forum, you will be researching GDP Data on the U.S. Bureau of Economic Analysis website:

1. Go to the Bureau of Economic Analysis website athttp://www.bea.gov(Links to an external site.)and click on Gross Domestic Product at the middle of the page.

2. Then under Current Release, click to open the latest GDP report.

Read the latest GDP report posted there. Discuss the latest report, including.

1. How does our current Real GDP reflect the current state of the economy?
2. What is happening to consumption, investment, government spending and net exports according to the report?
3. According to the latest data and your own evaluation of the economy, where would you say we are in the business cycle and why?
4. Also, choose one of the other reports inU.S. Economy at a Glance(Links to an external site.)and briefly summarize the data from that report.