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Economy Didn’t Grow As Much

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The government’s gross domestic product (GDP) report from the Bureau of Economic Analysis says the economy grew only 1.1 percent (annualized) in the last quarter last year, down from 4.1 in the third quarter. That’s a significant plunge, and the rate’s lower than what most economists expected.

Published or updated January 27, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

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