The nation's gross domestic product -- the value of all goods and services produced -- grew at an annual rate of 2.8 percent in the fourth quarter, the fastest pace since the second quarter of 2010.

China said today that its economy grew 9.2 percent last year, while our economy was growing at rate of less than 2 percent for most of last year.

In the U.S., Gross Domestic Product revisions are out today, and the hope is that the number will keep improving as long as problems in Europe, and Washington, don't stunt that growth. In one North Carolina town, local business play nice to help each other out during recession. The Lone Star State loses as many as half a billion trees in 2011, and that's not including the wildfires. And in this week's Attitude Check, we look at how Americans are really feeling about the potential payroll tax cut extension.

We speak to the President of Panama Ricardo Martinelli about how the debt crises in the U.S. and Europe are affecting his country, and how Panama is continuing to grow. Reporter Mitchell Hartman shows us one place that was shaken to its core by the housing crisis. And what does the OWN network need to do to succeed?