13:30 - Dados States
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13:30 - Dados States
8:30am 01/30/04 U.S. Q4 FINAL SALES UP 3.4% VS. 8.3% Q3
8:30am 01/30/04 U.S. Q4 GDP 4.0% VS. 8.2% Q3
8:30am 01/30/04 U.S. Q4 GDP 4% GROWTH MISSES 4.9% EXPECTATIONS
8:30am 01/30/04 U.S. 2003 GDP 3.1% VS. 2.2% IN 2002
8:30am 01/30/04 U.S. 2003 INFLATION LOWEST SINCE 1965
8:30am 01/30/04 U.S. Q4 CONSUMER SPENDING UP 2.6% VS. 6.9% Q3
8:30am 01/30/04 U.S. Q4 BUSINESS INVESTMENT UP 6.9% VS. 12.8% Q3
8:30am 01/30/04 U.S. Q4 CORE PCE PRICE INDEX UP 0.7%, LOWEST IN 41 YRS
8:30am 01/30/04 U.S. Q4 RESIDENTIAL INVESTMENT UP 10.6% VS. 21.9%
U.S. Q4 GDP slows to 4%, missing 4.9% expectations
WASHINGTON (CBS.MW) - U.S. economic growth slowed to a more-sustainable but still-robust 4 percent annual pace in the fourth quarter from a steamy 8.2 percent in the third quarter, the Commerce Department estimated Friday.
Economists were looking for growth of about 4.9 percent.
Consumer spending, business investment and government spending all slowed from the third quarter's frenetic pace.
For all of 2003, gross domestic product increased 3.1 percent, the fastest since 2000.
The core personal consumption expenditure price index increased at an annual rate of 0.7 percent in the fourth quarter, the lowest quarterly gain since 1962, and just 1.2 percent for the year, matching a 38-year low.
8:30am 01/30/04 U.S. Q4 GDP 4.0% VS. 8.2% Q3
8:30am 01/30/04 U.S. Q4 GDP 4% GROWTH MISSES 4.9% EXPECTATIONS
8:30am 01/30/04 U.S. 2003 GDP 3.1% VS. 2.2% IN 2002
8:30am 01/30/04 U.S. 2003 INFLATION LOWEST SINCE 1965
8:30am 01/30/04 U.S. Q4 CONSUMER SPENDING UP 2.6% VS. 6.9% Q3
8:30am 01/30/04 U.S. Q4 BUSINESS INVESTMENT UP 6.9% VS. 12.8% Q3
8:30am 01/30/04 U.S. Q4 CORE PCE PRICE INDEX UP 0.7%, LOWEST IN 41 YRS
8:30am 01/30/04 U.S. Q4 RESIDENTIAL INVESTMENT UP 10.6% VS. 21.9%
U.S. Q4 GDP slows to 4%, missing 4.9% expectations
WASHINGTON (CBS.MW) - U.S. economic growth slowed to a more-sustainable but still-robust 4 percent annual pace in the fourth quarter from a steamy 8.2 percent in the third quarter, the Commerce Department estimated Friday.
Economists were looking for growth of about 4.9 percent.
Consumer spending, business investment and government spending all slowed from the third quarter's frenetic pace.
For all of 2003, gross domestic product increased 3.1 percent, the fastest since 2000.
The core personal consumption expenditure price index increased at an annual rate of 0.7 percent in the fourth quarter, the lowest quarterly gain since 1962, and just 1.2 percent for the year, matching a 38-year low.
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