One site for Breaking News, Politics, Sports, Entertainment & more!

Newz Chooze
Back

The growth rate of the U.S. economy in the fourth quarter will be revealed on Feb. 28, the government said Wednesday. The report was originally set to be released on Jan. 30, but it was delayed by recently ended government shutdown. The first and second estimates of the GDP report are to be combined into one, though the Bureau of Economic Analysis said some data normally included in the second update won't be available at the time. Economists surveyed by MarketWatch predict a 2.7% increase in fourth-quarter GDP. The BEA also rescheduled for March 1 the personal income and spending report for December. That report will also include personal income for January, but not the spending figures. The U.s. trade-balance figures for December will be released March 6. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.