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Re: U.S. Revises G.D.P. Down to 2.4% From 3.2% in Fourth Quarter

By: ribit in FFFT | Recommend this post (0)
Sat, 01 Mar 14 1:25 AM | 58 view(s)
Boardmark this board | Food For Further Thought 		Msg. 61629 of 65535
(This msg. is a reply to 61609 by clo)
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clo
...dats awright, obonzo done got in his victory lap.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
U.S. Revises G.D.P. Down to 2.4% From 3.2% in Fourth Quarter
By: clo in FFFT
Fri, 28 Feb 14 6:46 PM 		Msg. 61609 of 65535

U.S. Revises G.D.P. Down to 2.4% From 3.2% in Fourth Quarter

The economy grew at a slower pace in the fourth quarter of 2013 than first thought, weighed down by disappointing retail sales, inventory adjustments and a less robust trade balance.

The Commerce Department said Friday it now estimates the economy grew by 2.4 percent in October, November and December, down from an initial estimate of 3.2 percent released on Jan. 30.

Economists had been expecting the government to revise the estimated rate of growth downward to 2.5 percent.

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http://www.nytimes.com/2014/03/01/business/economys-growth-was-slower-in-fourth-quarter.html?emc=edit_na_20140228

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