March 27 (Bloomberg) -- U.S. gross domestic product grew more rapidly in the fourth quarter than previously estimated. GDP grew at a 2.6 percent annualized rate, figures from the Commerce Department reported today in Washington.
In a separate report, jobless claims decreased by 10,000 to 311,000 in the period ended March 22, Labor Department data showed. Michael McKee reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)