Friends and Traders Forum

GDP unrevised at 0.6% in fourth quarter
By:Haligonian
Date: Thursday, 27 March 2008, 7:39 am

GDP unrevised at 0.6% in fourth quarter (by Rex Nutting)

WASHINGTON (MarketWatch) - The U.S. economy slowly abruptly in the fourth quarter, growing at a 0.6% annual rate, the slowest pace since late 2002, the Commerce Department estimated Thursday. The 0.6% estimate for gross domestic product was unchanged from the previous two estimates and was exactly as forecast by economists surveyed by MarketWatch. The economy grew at a 4.9% annual rate in the third quarter.