Chemical Week Magazine :: Departments :: Vital Statistics
Economy Slows Down
9:01 AM MDT | May 13, 2011 | —ARNOLD PEARLMAN
GDP advanced 1.8% in the first quarter, according to the latest estimates, significantly slower than the 3.1% recorded in fourth-quarter 2010 and the slowest rate of growth since the second quarter last year. Consumer spending advanced just 2.7%, after surging 4% in the fourth quarter. A deceleration in expenditures on capital goods, residential structures, and exports also occurred. Government spending declined for the second consecutive quarter, with a particularly steep drop in outlays on national defense. The manufacturing sector, in contrast to the overall...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee