Showing posts with label economic growth. Show all posts
Showing posts with label economic growth. Show all posts

Tuesday, 2 February 2010

UK economy emerges from recession


The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0.1% in the last three months of 2009.The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955.

http://news.bbc.co.uk/1/hi/business/8479639.stm

US economy in fastest growth rate for six years

The US economy grew by an annualised rate of 5.7% between October and December, official figures have shown. The number, which is a first estimate, is a big rise from the previous quarter's growth rate of 2.2%. It suggests the country's economy is growing at its fastest pace for six years and confirms the US economy has left its year-long recession behind.

http://news.bbc.co.uk/1/hi/business/8487611.stm