US economy grows at fastest pace in six years
Friday, January 29, 2010 According to official data, the US economy grew by an annualised rate of 5.7% in the last quarter of last year. The figure is still an initial estimate, but was higher than the 2.2% annualised growth recorded in the third quarter of the year. Economic analysts polled by the Reuters news agency had predicted a 4.6% rise. The Bureau of Economic Analysis, which releases the economy growth reports, noted that the figures were based on estimates and incomplete data, and might be revised later. Christina Romer,…
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