US Logs 2.2% Q1 GDP Growth - Less Than Expected

 @JosephLazzaro
on April 27 2012 8:38 AM
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.

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