U.S. First Quarter GDP Grows By Even Less Than Anticipated

Posted on Apr 30, 2014

Reflecting the impact of the severe winter weather, the Commerce Department released a report on Wednesday showing only a modest uptick in U.S. economic activity in the first three months of 2014. The Commerce Department said gross domestic product inched up by just 0.1 percent in the first quarter of 2014 compared to the 2.6 percent increase in GDP in the fourth quarter of 2013.

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