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This morning, the #US Bureau of Economic Analysis published data showing that real, or inflation-adjusted, gross domestic product grew at an annualized rate of 1.6% in the first quarter. That was well below the 2.2% growth that economists were forecasting on average, according to FactSet. And it compares with real GDP growth of 3.4% annualized in the prior quarter.
This morning, the #US Bureau of Economic Analysis published data showing that real, or inflation-adjusted, gross domestic product grew at an annualized rate of 1.6% in the first quarter. That was well below the 2.2% growth that economists were forecasting on average, according to FactSet. And it compares with real GDP growth of 3.4% annualized in the prior quarter.
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