GDP Revised Down from 3.2% to 2.8%
February 25, 2011 at 09:25 AM EST
GDP Preliminary Q4 Estimates show GDP increased by 2.8%, lower than the expected 3.4% increase, following a 3.2% estimated increase in the advance Q4 estimate (today’s preliminary release is based on a more complete set of data), after increasing by 1.7% in the second quarter and 2.6% in the third quarter. A higher than estimated [...]