US Q4 economic growth figures revised downwards

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US Q4 economic growth figures revised downwards

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03-28-2010, 10:09 PM

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US Q4 economic growth figures revised downwards

The Commerce Department has revealed that the world’s no.1 economy grew at a slower rate in the fourth quarter than previous estimates showed.According to official figures, the US economy grew by an annualised 5.6% between the October and December period, rather than the 5.9% and the 5.7% previously estimated.For the whole of 2009, GDP fell [...]

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