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U S GNP grows 3 percent for 1989 in revised tally
The Commerce Department raised 1989 GNP to a 3 percent rise for the year, with fourth quarter growth at 0.9 percent. The revision lowers initial winter figures but keeps the expansion pace the slowest since 1986, amid manufacturing weakness and a large trade surplus swing.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Department
Michael Boskin
Bush
Council of Economic Advisers
San Francisco Bay-area
Paul Getman
Regional Financial Associates
West Chester