GordonGecko
President
By Peter Schroeder - 02/29/12 09:36 AM ET
"The nation's economy grew at a quicker rate at the end of 2011 than initially thought, according to new data out Wednesday.
The Commerce Department slightly upgraded gross domestic product (GDP) growth in its second estimate of the figure, saying the economy grew 3.0 percent after offering an initial estimate in January of 2.8 percent growth in the final quarter of 2011.
The revision depicts an economy that seems to be gaining steam, following just 1.8 percent growth in the third quarter. The economy grew 1.7 percent overall during 2011. The new report marks the latest in a series of strong economic reports."
http://thehill.com/blogs/on-the-mon...nment-upgrades-economic-growth-at-end-of-2011
"The nation's economy grew at a quicker rate at the end of 2011 than initially thought, according to new data out Wednesday.
The Commerce Department slightly upgraded gross domestic product (GDP) growth in its second estimate of the figure, saying the economy grew 3.0 percent after offering an initial estimate in January of 2.8 percent growth in the final quarter of 2011.
The revision depicts an economy that seems to be gaining steam, following just 1.8 percent growth in the third quarter. The economy grew 1.7 percent overall during 2011. The new report marks the latest in a series of strong economic reports."
http://thehill.com/blogs/on-the-mon...nment-upgrades-economic-growth-at-end-of-2011
