Quote:
Originally Posted by Jayhawk  Economy grows at a 0.9 percent pace, better than first thought but still weak
WASHINGTON (AP) -- The economy plodded ahead at a 0.9 percent pace in the first quarter -- slightly better than first estimated -- but still underscoring caution on the part of consumers and businesses walloped by housing, credit and financial problems.
The new reading on gross domestic product, released by the Commerce Department on Thursday, was an improvement from the government's initial growth estimate for the January-to-March quarter as well as the economy's performance in the final quarter of last year. Both periods were pegged at a 0.6 percent growth rate. Economy's growth picks up slightly in first quarter: Financial News - Yahoo! Finance |
Your thoughts really don't go past the edge of your nose do they............
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