The Commerce Department said the nation's gross domestic product grew at an annual rate of 3.5 percent last quarter, the first positive quarterly growth in a year, and the largest quarterly advance since the third quarter of 2007. GDP contracted by 0.7 percent in the second quarter...
Friday, October 30, 2009
Recession over? GDP grows 3.5% - Business First of Columbus:
The U.S. economy grew more than expected in the third quarter, according to the government's initial report on gross domestic product.