Feed: Business Yahoo UK
Posted on: Friday, April 26, 2013 22:46
Author: Business Yahoo UK
Subject: US Economy Misses Forecasts In Last Quarter
The US economy has expanded at a rate below that forecast by economists, the latest official figures have shown. Although economic growth regained speed in the first quarter, it was not as much as expected, heightening fears the already weakening economy could struggle to handle deep government spending cuts and higher taxes. Gross domestic product (GDP) expanded at 2.5% annualised rate in the first three months of 2013, according to the Commerce Department. ________________________________________________________ HIV vaccine test finishes in disappointment Comedian begins their own discussion with 'Oopsie-Daisy Homophobe' ________________________________________________________ The figure was up on the previous quarter, after growth nearly stalled at 0.4%. The latest increase, however, missed economists' expectations for a 3% growth pace. Part of the acceleration in activity reflected farmers' filling up silos after a drought last summer decimated crop output. Removing inventories, the growth rate was reduced to a tepid 1.5%. |
________________________________________
Important to read:
Just for Drivers, Voice-to-Text Is Likewise Harmful
________________________________________
YOUR COMMENT
