BBC News - Growth in the US economy quickens in fourth quarter
The pace of US economic growth increased in the final three months of 2011, according to official figures.
The economy grew at an annualised rate of 2.8%, the Commerce Department said.
This was up from the 1.8% annual rate recorded in the previous quarter, although it was slightly lower than the 3% rate predicted by analysts.
However, the growth largely came from businesses stockpiling goods they had produced, rather than selling them.
Posted on January 31, 2012, in Word from Bill. Bookmark the permalink. Comments Off.
