U.S. third-quarter GDP growth is revised downward, but it’s still growth

Filed under: Economy More decent news for the economy: U.S. GDP increased a revised 2.8% in the third quarter, the U.S. Commerce Department announced Tuesday. That’s down from the government’s initial 3.5% GDP growth estimate, but it’s a level that still indicates an adequate expansion of commercial activity. A Bloomberg News economists survey had expected the revised quarterly figure to increase 2.8%. The Commerce Department revises its GDP estimate for each quarter as it receives more complete information than was previously available. Continue reading U.S. third-quarter GDP growth is revised downward, but it’s still growth U.S. third-quarter GDP growth is revised downward, but it’s still growth originally appeared on DailyFinance on Tue, 24 Nov 2009 10:10:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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U.S. third-quarter GDP growth is revised downward, but it’s still growth

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Filed under: Business News

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