Economy Grows at Fastest Pace in Six Years

January 29, 2010

Filed under: Economic News — VinceLewis @ 6:52 pm

The U.S. Commerce Department reported Friday that the U.S. economy grew at a rate of 5.7% in the 4th quarter of 2009, this is the fastest rate of growth in six years. The preliminary GDP number was above analyst’s expectations, and is an indicator that the economy has managed to pull itself out of recession. The big economic challenge we face now is new job creation, if history is a guide it will still be a few months before the job market begins to rebound.





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