WASHINGTON (AP) The Commerce Department reports that the economy grew at a 2.2 percent annual rate in the final quarter of last year, much slower than the government estimated a month ago.I imagine BizzyBlog will have much more to say on this...especially in light of yesterday's "Drudge-inspired" tanking of the markets.
As for me...I blame Bush for the increase and I blame Pelosi for the fact that the increase was below expectations. But you knew that already...
UPDATE: Bizzy was on it this morning! He had this up at about the same time I was reporting on it as well...
UPDATE 2 - AP News Alert:
NEW YORK (AP) Stocks rebound at the opening of trading in the United States.