U.S Q4 2009 Growth Fastest Since 2003
Also contributing to fourth quarter growth was business spending on equipment and software, which jumped 13.3 percent - much more than forecast. It's the second quarter in a row that business spending has increased, after six quarters of decline.
However, economists expect overall growth to slow this year as companies finish restocking inventories and as government stimulus efforts fade. Many analysts estimate 2.5-3.0 percent GDP growth for the current quarter and about 2.5 percent or below for the year.
Savoie’s Sausage and Food Products Eyes Production Complex in St. Landry Parish, Louisiana
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