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Mar 02 2010

Economy Grew 5.9% in Fourth Quarter

Published at 3:35 pm under News

Economy grew 5.9% in fourth quarter; CNNMoney.com

The U.S. economy grew at a slightly faster pace than originally thought during the last three months of 2009, according to a government report Friday.  The nation’s gross domestic product, the broadest measure of the nation’s economic activity, grew at an annual rate of 5.9% in the quarter, the Commerce Department reported. Economists surveyed by Briefing.com had forecast that the revision would show the same 5.7% growth that was originally reported a month ago.

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