The growth of Gross domestic product in the United States has been lower than the expected

American Economy registered a growth by 5.6% during the fourth quarter of 2009, lower than the 5.9 expected by analysts. This is a 0,3% lower than previous calculations, reported today the commerce department.

economic growth

During all 2009, the Gross Domestic product of the United States contracted by 2,4% according the final calculation from the government.

The increase of Gross Domestic Product in the fourth quarter of 2009, reflected mainly “the positive contributions of private investment on inventories, exportations, expenditure on personal consumption and non residential non movable investment, shown the report”.

The economy of the United States, in the deepest and longest depression since the 30’s , returned to the growth during the middle of the past year after 4 quarters of contraction.

The trust of consumers measured by the University of Michigan , has remained steady in the final lecture of the month of March, improving expectations from analysts that forecasted a light fall, furthermore the data surpassed the initial lecture of this month.

So, according data given by this institution, the final index corresponding to March remained steady at 73,6 points, at the same way than in the last month, and a point higher than in the beginning of March. The consensus of market analysts consulted by Bloomberg, expected a light decrease to 73 points.

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