MarketWatch (03/28/13) Jeffrey Bartash
The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. The economy grew 0.4% in the 2012 fourth quarter instead of the prior estimate of a 0.1% gain, boosted by higher exports and business investment than originally believed. While that’s the slowest growth since the 2011 first quarter, the latest figures suggest the economy continued to expand at a modest pace in the fourth quarter after stripping out the effects of inventories and an unusually large drop in government spending.
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