Economy Maintains Momentum

Investor's Business Daily
February 2014
Investors Business Daily;2/ 3/2014, pB02
7 GDP grew at a 3.2% annualized rate in Q4, faster than the 3% pace expected, bolstering hopes for solid momentum. Consumers and exports boosted output, while federal gov't spending cuts and less housing investment constrained growth. But Dec. durable goods order tumbled 4.3% on the month. Consumption rose 0.4% yet incomes stayed flat.


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