26.12.09

weak business spending and a higher than expected rate of inventory liquidation

Dec. 22 (Bloomberg) -- The economy in the U.S. expanded in the third quarter at a slower pace than anticipated as companies curbed spending and cut inventories at an even faster pace, reductions that have set the stage for acceleration in growth.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aCbNwkmdV.2E&pos=1

The U.S. economy grew at a much slower pace than previously thought in the third quarter, restrained by weak business investment and a slightly more aggressive liquidation of inventories, data showed on Tuesday.
http://www.cnbc.com/id/34521513

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