U.S Q4 2009 Growth Fastest Since 2003
01/29/2010
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.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
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