News Alert: Economy grew at 3 percent pace in final quarter of last year, better than first estimate

	Wednesday, February 29, 2012 8:49:20 AM ECONOMY/BUSINESS NEWS ALERT Economy grew at 3 percent pace in final quarter of last year, better than first estimate The economy grew at a slightly faster pace in the final three months of last year, and Americans earned more income than previously reported. That could set the stage for stronger growth this year. The Commerce Department said Wednesday that the economy expanded at a 3 percent annual rate in the October-December quarter — the fastest pace since the spring of 2010. It exceeded the previous estimate of 2.8 percent. And it was better than the third quarter's 1.8 percent growth rate. Read more at: http://www.washingtonpost.com/politics/economy-grew-at-3-percent-pace-in-final-quarter-of-last-year-better-than-first-estimate/2012/02/29/gIQA8VK3hR_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071  ©2011 The Washington Post Privacy Policy