Revised GDP figures offer hope for final three months of 2011
Washington Post - Economic activity, as measured by gross domestic product, rose at only a 2 percent annual rate in the July-through-September quarter, not the 2.5 percent that the Commerce Department estimated late last month. The revision, however, was due to businesses running down their inventories by $8.5 billion, which means that the nation’s factories may need to ramp up output to meet demand for their products. Read more ...
