U.S. Economy Grows 0.1% In Q4

  
The U.S. economy showed almost no growth in the 4th quarter of 2012, according to Commerce Department reported Thursday. U.S. GDP 4 th quarter was revised up to 0.1% of the initial publication of -0.1%, down considerably when compared to growth of 3.1% in the 3rd quarter of last year.

Residential construction is more solid and the increase in exports was judged to have pushed growth into positive territory, and managed to offset a big drop in government spending and a significant slowdown in business inventories.
Shopping for new home construction was revised upward to 17.5% from 15.3%. Export revised to down 3.9% from the initial publication showed a decline of 5.7%, as well as imports was revised to down 4.5% from the 3.2% decline.

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