The US economy grew at a 2.2 percent rate in the first quarter, the U.S. Commerce Department announced Friday. That was below the 2.5 percent Bloomberg consensus estimate.
The economy grew at a 3.0 percent rate in the fourth quarter of 2011.
Details to follow.
Joseph Lazzaro, U.S. Editor, served as Managing Editor of New York-based financial news web sites WallStreetEurope.com/WallStreetItalia.com, 1999-2004, and as Economics...