Economic growth still weak
@CNNMoney May 26, 2011: 9:07 AM ET source cnn
Gross domestic product, the broadest measure of the nation's economic health, grew at an annual rate of 1.8% in the first quarter, according to the Commerce Department. That is unchanged from the original reading released a month ago, and well below the 3.1% pace of economic growth in the final three months of 2010.
Economists surveyed by Briefing.com had predicted that GDP would be revised up to 2% growth in Thursday's report. (World's fastest growing economies).
Economists surveyed by Briefing.com had predicted that GDP would be revised up to 2% growth in Thursday's report. (World's fastest growing economies).
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