- The main factors behind the revision were weaker personal and government consumption, and lower investment."...3/26
Saturday, March 27, 2010
Getaway day news--US economy revised downward
BBC: "US economic growth has been revised down to an annualised rate of 5.6% for the fourth quarter of 2009, official figures show.This is the rate of economic growth for the three months that assumes the same level for a full 12 months. It was revised down from 5.9%, in the US Commerce Department's third estimate of fourth-quarter GDP.
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