Q4 GDP Revised Down As Oil Threat Bubbles
February 25, 2011 at 09:38 AM EST
Last year’s fourth-quarter rise in GDP wasn’t as strong as initially estimate, the U.S. Bureau of Economic Analysis reports. That’s discouraging for all the usual reasons, along with the fact that the economy needs all the momentum it can muster if there’s an oil-shock coming, courtesy of the turmoil in the Mideast. As for the [...]