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GDP grew 2.8% last quarter Source: News & Observer Saturday 28th January, 2012
WASHINGTON -- The lower-than-expected annualized growth rate reported Friday for the final three months of 2011 points to a tepid recovery, but some signs were more encouraging.Most mainstream economists had expected the fourth-quarter number to come in at 3 percent or higher, and the 2.8 percent reported from the Commerce Department meant that the... ...