Thursday, May 29, 2008

US economy growth was much better than expected!









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As you can read on CNN's website:

"U.S. economic growth was slightly better than previously reported for the first quarter, primarily because a weakened dollar reduced imports, according to a revised reading on gross domestic product announced Thursday.

GDP, the broadest measure of the nation's economic activity, stood at an annual rate of 0.9% in the first quarter, adjusted for inflation, the Commerce Department said. That matched the consensus prediction of economists surveyed by Briefing.com."


These are certainly some of the best indications that we could wish from the latest developments on the economical sector that has been under fire in the past few months...



Best regards