Growth less than expected as consumers curb spending.
By Alex Kowalski, Bloomberg News|January 27, 2012 at 04:52 AM|Originally published on Treasuryandrisk.Com
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The U.S. economy expanded less than forecast in the fourth quarter as consumers curbed spending and government agencies cut back, validating the Federal Reserve’s decision to keep interest rates low for a longer period.