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   Message 3,057 of 3,579   
   Keith Olbermann to All   
   US economy expands at slower rate than e   
   28 Jun 14 10:40:36   
   
   XPost: ba.politics, dc.media, soc.penpals   
   XPost: alt.burningman   
   From: msnbchomo@espn.com   
      
   WASHINGTON (AP) — The US economy grew at a 2.4 percent annual   
   rate in the October-December quarter, significantly slower than   
   first thought, reflecting slower consumer spending than   
   initially estimated.   
      
   The severe winter weather is expected to slow growth further in   
   the current quarter, but as the snows melt, economists believe   
   growth will rebound.   
      
   The Commerce Department says the downward revision from an   
   initial 3.2 percent estimate for the fourth quarter primarily   
   reflected a downgrade in consumer spending, which is now   
   estimated to have expanded at 2.6 percent rate, still the best   
   showing in nearly two years. But it is below the previous 3.3   
   percent estimate.   
      
   For all of 2013, the economy grew at a lackluster 1.9 percent,   
   but analysts expect growth will rebound in 2014, possibly as   
   high as 3 percent.   
      
   http://www.boston.com/business/news/2014/02/28/economy-expands-   
   slower-rate-than-expected/tr3ITFbtKLlu0DLUSLa07J/story.html   
      
       
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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