GDP Rises 3.2%
January 28, 2011 at 09:03 AM EST
GDP Advance Q4 Estimates show GDP increased by 3.2%, marginally lower than the expected 3.5% increase, after increasing by 1.7% in the second quarter and 2.6% in the third quarter of 2010. A sharp increase in consumer spending was the primary contributor to the increase in GDP. Consumer spending increased at a 4.4% annual rate [...]
