Wednesday, January 30, 2008

GDP Slows ....

US GDP Slows To 0.6% Growth In 4Q
U.S. gross domestic product rises at a 0.6% annual rate October through December, pulling growth for all of 2007 to its lowest speed in five years as the housing slump takes a heavy toll. Slowing consumer spending, inventory liquidation and lower overseas sales also restrain the economy.

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