GDP surges 5.7% on inventory slowdown
Coming out of the worst recession in generations, the U.S. economy grew at the fastest pace in six years during the fourth quarter of 2009, even as consumer spending and business investment remained tepid, according to data released Friday by the Commerce Department.
Real gross domestic product increased at a 5.7% seasonally-adjusted annual rate in the final three months of the year, the best quarterly growth since late 2003, the government estimated. The economy grew 2.2% in the third quarter.
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