The economy rocketed ahead at a 5.9 percent pace in the final quarter of 2009, stronger than initially estimated.
But the growth spurt isn't expected to carry over into this year.
Economy ended 2011 at a healthy pace
U.S. economic growth picked up speed in the final three months of 2011, expanding at the fastest pace in 1-1/2 years, according to new data released Friday.
Economy grows at fastest pace in a year
U.S. economic growth increased at its fastest in a year in the third quarter as consumers and businesses set aside fears about the recovery and stepped up spending.
Consumer Spending Rebounds
Consumer spending rose at its fastest pace in five months in July, supporting views the economy was not falling back into recession.
The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...
The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...
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