Thursday, March 27, 2008

4Q Final GDP : Economy Grew At Slow 0.6%

The Commerce Department reported that final 4Q GDP grew at an annualized rate of 0.6%, matching expectations and was unchanged from the preliminary reading. The core PCE Price Index, a broad measure of inflation monitored by the Fed, fell from an annualized rate of 2.7% to 2.4%. More from Bloomberg...