US Economic Recovery Not as Strong as Estimates
437 views · Published 23 December 2009 · 2:19 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
New economic data shows the U.S. economy grew more slowly than first thought. The US Commerce Department reports the nation's gross domestic product (GDP) expanded at a 2.2 percent annual rate from July to September, down from an earlier estimate of 2.8 percent. Despite the downgrade, other indicators suggest a strong showing in the fourth quarter. But some economists say an economic turnaround is not a sure thing. VOA's Mil Arcega reports.
