Wednesday, April 30, 2014

U.S. economy stalls on inventories, trade

The U.S. economy barely grew in the first quarter as the severe winter hampered exports and led businesses to curtail investment spending, but activity already appears to be bouncing back. Gross domestic product expanded at a 0.1 percent annual rate, the slowest since the fourth quarter of 2012, the Commerce Department said on Wednesday.

by via Yahoo! Finance: Top Stories

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