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GDP revised up on inventories (Reuters)

Posted on March 29th, 2007. About Business.

Vehicles are loaded onto a car carrier at a Wilmington, Delaware assembly plant destined for dealerships in a file photo. U.S. economic growth was moderately stronger in the fourth quarter than previously thought, primarily because businesses added more to inventories than was estimated a month ago, the Commerce Department reported on Thursday. (Tyler Mallory/General Motors/Reuters)Reuters - Economic growth was moderately stronger in the fourth quarter than previously thought, primarily because businesses added more to inventories than was estimated a month ago, the Commerce Department reported on Thursday.


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