Economy grew at 3% rate the final three months of 2011

[yellowcanine]

WASHINGTON – The economy grew at a slightly faster pace in the final three months of last year than first estimated, and Americans earned more income than previously reported.

http://www.usatoday.com/money/economy/story/2012-02-29/gdp-q4/53297710/1


No doubt this will cause much gnashing of teeth in the Romney camp.

[toddwv]

1. I can see the right-wingers' responses now...

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[Johnny2X2X]

2. Good News

The jobs numbers will be key this week. If we see more strong growth and numbers, this thing could really start rolling.

[RedSpartan]

3. When will the job numbers be released?

[Fumesucker]

4. When they're finished being cooked?

[FogerRox]

6. Meh, Applaince and electronics sales, retail 2nd FQ 2012 etc

[madrchsod]

5. things are picking up where i live

rehires , new hires ,and several road construction projects.

it`s the perception that matters.

[Kurmudgeon]

7. "Then first estimated"

I have to wonder why the media continually underestimates in this matter.

[yellowcanine]

8. These are government estimates. Economic numbers almost always change after the

initial estimate because more data comes in for the last part of the quarter. Sometimes the final growth estimate is higher than the initial growth estimate, other times it is lower. It is not a media conspiracy.