Thursday, July 26, 2007

U.S. Economy Probably Accelerated Last Quarter on Manufacturing Rebound

(Bloomberg) -- The U.S. economy probably grew last
quarter at the fastest pace in more than a year as manufacturing
rebounded and exports improved, economists said before a
government report today.

The 3.2 percent annual pace of growth for gross domestic
product is the median estimate of 85 economists surveyed by
Bloomberg News. The growth rate would follow a 0.7 percent gain
in the first quarter that was the weakest since 2002.


Read more at Bloomberg Currencies News

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