Q4 GDP Growth Revised Up To 3.1% Pace

The U.S. economy grew at a 3.1% real annual rate in last year’s fourth-quarter, the government reports in its third and final estimate for Q4 GDP. That’s up from the previously reported 2.8% pace. For all of last year, the economy expanded by 2.9%. U.S. corporate profits surged by more than 20% in 2010, the [...]