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Re: Economy in U.S. Grew at 3% Pace in 4th Qtr.

By: zzstar in FFFT | Recommend this post (0)
Wed, 29 Feb 12 6:34 PM | 36 view(s)
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Msg. 39240 of 65535
(This msg. is a reply to 39239 by clo)
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The above is a reply to the following message:

Economy in U.S. Grew at 3% Pace in 4th Qtr.
By: clo in FFFT
Wed, 29 Feb 12 6:25 PM

Msg. 39239 of 65535

More positive news.

Economy in U.S. Grew at 3% Pace in 4th Qtr.

By Alex Kowalski - Feb 29, 2012 8:51 AM ET

The U.S. economy expanded more than forecast in the fourth quarter as companies rebuilt inventories in anticipation of growing demand.

Gross domestic product climbed at a revised 3 percent annual rate, the most since the second quarter of 2010, Commerce Department figures showed today in Washington. Economists surveyed by Bloomberg News called for no change from the previously reported 2.8 percent gain, according to the median forecast in the Bloomberg News survey. The revision reflected fewer imports and a smaller drop in non-residential investment.

much more:
http://www.bloomberg.com/news/2012-02-29/u-s-economy-expands-at-3-annual-pace-greater-than-economists-estimated.html

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