US GDP
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. REUTERS

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.