More Website Templates @ / - January 03, 2012!

nt in the third quarter of the year, slightly lower than the 2-percent growth rate in the second q

expenditures, which account for more than two thirds of the overall economy, grew at an annual rate of 2.9 percent in the third quarter, lower than the 4.6 percent growth pace in the second quarter. Nonresidential fixed investment,

meanwhile, fell at an annual rate of 3 percent in the third quarter, following a contraction of 1 percent in the previous quarter.Two members of the 10-person committee voted against the decision to cut rates. Federal Reserve Bank of Boston President Eric Rosengren, and Kansas City Fed President Esther George "preferred" to maintain the target range for the federal f

uarter, the Commerce Department