US economy up 2.2 percent in third quarter

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US economy up 2.2 percent in third quarter

Washington, Dec 22 (DPA) The US economy grew slower than expected 2.2 percent in the third quarter of 2009, revised government figures showed Tuesday.

The rise in gross domestic product (GDP) was weaker than earlier estimates had shown, but was still the first positive growth period after the year-long recession that has plagued the world’s largest economy.

In the final of its three estimates, the Commerce Department showed the annualized GDP rate was slower than the revised 2.8-percent gain in the July-to-September period that it had reported last month. Its initial estimate in October predicted a 3.5-percent jump.

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US economy up 2.2 percent in third quarter

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