Financial Express |
US economic growth revised sharply downward
Los Angeles Times WASHINGTON — The recovery appeared to be reaching escape velocity at the end of December, but it turns out the economy wasn't expanding quite as fast as initially thought — and that doesn't bode well for hopes of a breakout this year. The Commerce … US economy grew at 2.4 percent rate in 4th quarter as consumers spent less … That 2014 Growth Breakout? Not Looking Likely India fails to end slump |