February 28, 2008
GDP Grows By Only 0.6 Percent In Q4
By Matthew L. Brown
According to the U.S. Department of Commerce , the U.S. gross domestic product increased by only 0.6 percent during the fourth quarter.
So little growth is an indication that the economy has nearly come to a complete stop.
GDP, the value of all goods and services produced in the U.S. and the overall economy's most telling statistic, grew by 4.9 percent in the previous quarter.
So little growth is an indication that the economy has nearly come to a complete stop.
GDP, the value of all goods and services produced in the U.S. and the overall economy's most telling statistic, grew by 4.9 percent in the previous quarter.
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