U.S. Economic Growth Accelerates Modestly In Fourth Quarter
January 27, 2012 at 10:13 AM EST
Another backward-looking economic report dispatched a fresh round of hope today for thinking that a new recession isn’t knocking on our collective doorstep. The U.S. economy expanded at an annual real rate of 2.8% in last year’s fourth quarter, the Bureau of Economic Analysis reports. That’s a respectable bit of improvement over Q3′s 1.8% sluggish [...]