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Thursday, 28 June 2012

2012.06.28 14:46:56 MARKET TALK: 1Q US Growth Stays at 1.9%, but Details Good for Outlook

8:46 EDT - US real GDP growth remains at 1.9% in third reading of 1Q economy. But mix of growth changes: fewer exports consumer spending, more business investment. The good news for future output is that inventories barely grew, meaning businesses are not dealing with an excess of goods on hand. (kathleen.madigan@dowjones.com)

 

(END) Dow Jones Newswires

June 28, 2012 08:46 ET (12:46 GMT)

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