Showing posts with label 4th quarter growth. Show all posts
Showing posts with label 4th quarter growth. Show all posts

Friday, January 29, 2010

Economy soars in 4th

The Commerce Department today released 4th quarter GDP figures. The 5.7 growth rate was the fastest growth since 2003. However, of some concern is that much of the growth (3.4 of the 5.7) was derived from businesses building inventory.