Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue April 2015
 •  Analysts Poke Holes in Lafley's Strategy  •  Estee Lauder Taps Eva Mendes  •  Scent Trends for 2016  •  Dollar Derails P&G  •  StriVectin Partners with mySkin Inc.
Print

US Economy Expanded in Q4



Published April 4, 2013
Related Searches: men bar suggested growth
Post a comment
Here’s hoping that red ink is erasable. The US economy actually grew in the fourth quarter of 2012—but just barely—instead of contracting for the first time in three and a half years, according to the Commerce Department.

The US expanded at a 0.1% annual rate in the last three months of 2012, better than the initially reported 0.1% drop but well below the third quarter’s 3.1% pace. Stronger residential construction and an improvement in net exports pushed growth into positive territory. It offset a bigger decline in government spending than previously suggested as well as a sharper deceleration in the buildup of business inventories, according to the Commerce Department.







 


blog comments powered by Disqus