TITLE

Advance 4Q GDP Slows To 1.1% Growth Rate

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
January 2006
SOURCE
Bond Buyer;1/30/2006, Vol. 355 Issue 32308, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the economic conditions in the United States as of January 30, 2006. There is a slow down in the economy during the final quarter of 2005, posting its weakest gain in three years. The slowdown was due to low automobile sales and government spending. Real gross domestic product slowed to 1.1 percent seasonally adjusted annual rate in the fourth quarter. The slowdown in the economy seemed to reflect a decrease in consumer spending on durable goods.
ACCESSION #
19752210

 

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