Surprise Me!

US growth slows, Fed says just temporary

2013-01-30 6 Dailymotion

The US economy unexpectedly contracted in the fourth quarter of last year.

But the experts say don't panic - as consumer spending and business investment picked up.

They also point out that much of the decline was due to a plunge in government spending, particularly on defence, and businesses scaling back on restocking, that is letting their inventories fall.

...
http://www.euronews.net/