United States: Q4 GDP Growth Revised Down From 3.2% to 2.8%
25 February, 2011, 22:28. Posted by Zarathustra
Tags: Economy, United States
Just a quick update without much to say: after the United Kingdom’s Q4 GDP was revised down from bad to worse, the United States Q4 GDP has also been revised downward on the second reading. The Real GDP grew at the annual rate of 2.8%, revised down from 3.2%, and missing consensus of 3.3%.
Source: Bureau of Economic Analysis, Department of Commerce
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.