US Economy Grows at Weak 2.2% Pace

Friday, April 27th, 2012 and is filed under Economy, News

Share with your friends

The Bureau of Economic Analysis just published the GDP growth numbers for the first quarter of 2012.  Growth checked in at an anemic 2.2%.  Excluding inventories, GDP is rose at a 1.6 percent rate. Remember that in order to recover from a deep recession, we need massive growth just to break even to where we were in 2008.  We need quarters with 5-6% growth.