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U.S. Economic Growth Weaker than Expected in the Fourth Quarter

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 30, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Economic growth for the fourth quarter came in at a weaker-than-expected 0.6% annualized pace. Markets had anticipated a 1.2% annualized gain. Consumer spending advanced at slightly softer-than-anticipated 2% annualized pace in the quarter, slower than the third quarter's 2.8% annualized advance. Export growth weakened, advancing at a 3.9% annualized pace,...

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