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U.S. GDP Rose in the Fourth Quarter of 2011 on Inventory Gain

U.S. GDP Rose in the Fourth Quarter of 2011 on Inventory Gain

Jan 27, 2012

The advance estimate of US fourth-quarter 2011 GDP growth was 2.8%, which was up from 1.8% and 1.3% increases in the third and second quarters, respectively, although slightly below market expectations for a 3.0% increase. The main contributor to the acceleration in growth in the fourth quarter of 2011 was