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January 31, 2007
U.S. Economy Posts Strong Q4 Growth
The U.S. economy sped up in the last quarter of 2006, posting growth of 3.5% thanks to strong consumer spending. This far outpaced third-quarter growth, which came in at just 2%. The fourth-quarter surge surprised economists who initially predicted weak growth for the period.
The economy advanced 3.4% for the full year, compared to growth of 3.2% in 2005, and 3.9% in 2004.
Posted by Blacks on January 31, 2007 10:57 AM
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