U.S. economy expanding faster than expected

Written By Unknown on Jumat, 26 Oktober 2012 | 22.39

America's GDP expanded at a two per cent pace in the three months up to the end of September, better than the 1.8 per cent pace that economists had been expecting.

The Commerce Department said in a release Friday the pick-up came about because of a number of factors, including higher government spending, more personal spending by consumers and lower imports.

The two per cent pace was also well ahead of the 1.3 per cent annual pace seen in the previous quarter.

Growth was held back by the first drop in exports in more than three years and flat business investment in equipment and software.

The economy was also slowed by the severe drought last summer in the Midwest. The drought cut agriculture stockpiles and reduced growth by nearly a half-point.

With files from The Associated Press

Anda sedang membaca artikel tentang

U.S. economy expanding faster than expected

Dengan url

http://belajarbisnismen.blogspot.com/2012/10/us-economy-expanding-faster-than.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

U.S. economy expanding faster than expected

namun jangan lupa untuk meletakkan link

U.S. economy expanding faster than expected

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger