U.S. GDP grows 2.8% in fourth quarter - MarketWatch

Oops. 2.8% for Q4, 1.7% for Y11

U.S. GDP grows 2.8% in fourth quarter - MarketWatch

http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm  

"where a whopping 1.94% of the upside was attributable to a rise in inventories as restocking took place. And as everyone knows in this day and age a spike in inventories only leads to sub-cost dumping a few months later. In other words, the economy grew at a 0.8% pace ex inventories."