ECONOMIC GROWTH LIMITED TO 3 PERCENT FOR 1989

From: The Journal Record | Date: March 29, 1990 | Copyright information

WASHINGTON (AP) - A fourth quarter slowdown limited U.S. economic growth to 3 percent in 1989, the smallest rate in three years, the government said Wednesday.

The Commerce Department said the fourth-quarter gross national product rose 1.1 percent from October through December, the slimmest quarterly advance in three years. It was up slightly from the 0.9 percent gain estimated last month. The department's initial estimate in January was 0.5 percent.

While the improveme...

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