US Economic Growth Revised Lower
406 views · Published 25 November 2009 · 2:12 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
As the all important holiday shopping season approaches, worries over the U.S. economy remain front and center. New numbers released by the Commerce Department on Tuesday show the economy grew at a 2.8 percent annual rate in the third quarter -- slower than original estimates, which pegged the nation's growth at three and a half percent. Many economists believe growth in the fourth quarter will remain weak as consumers rein in spending. VOA's Mil Arcega reports.
