GDP Revised Down to 4.1% Rate in Third Quarter

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00023273-gdp-revised-down-to-41-rate-in-third-quar/

By Greg Robb, MarketWatch

Third quarter U.S. growth increased at a 4.1% rate, slightly lower than previous estimates of a 4.3% growth rate, the Commerce Department said Wednesday.

Despite the revision, growth in the third quarter remains the strongest since the first quarter of 2004.

The downward revision was unexpected. Economists surveyed by MarketWatch had been forecasting third-quarter GDP to remain unrevised at a 4.3% rate.

For this complete story, please visit GDP Revised Down to 4.1% Rate in Third Quarter.

GDP Revised Down to 4.1% Rate in Third Quarter

Unknown Author

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