Breakingviews | US GDP

Considered view

29 Jan 2010 17:16

Sickly recovery

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Headline economic growth was an annualized 5.7 pct last quarter, but net of inventory rebuilds the gain was only 2.2 pct. Meanwhile, prices rose at a 2.7 pct rate. The payments balance and savings rate improved, but U.S. growth is sluggish -- and inflation looks to be edging up.

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