4th-quarter U.S. GDP expansion cut to 2.4%

Posted: March 1, 2014 at 2:14 a.m.

Container ships wait to be unloaded in the Port of Oakland in California in late October. The Commerce Department said Friday that the U.S. economy in the fourth quarter expanded at a slower pace than initially estimated.

The U.S. economy grew at a slower pace in the fourth quarter than previously estimated, giving the expansion less momentum heading into 2014.

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Front Section, Pages 1 on 03/01/2014