GDP Rise Marks the Third Consecutive Quarterly Increase
April 30, 2010 at 11:38 AM EDT
The U.S. economy expanded at a robust pace in this year’s first quarter, the Bureau of Economic Analysis reported this morning. Real GDP increased by 3.2% on an annualized basis in the first three months of 2010. That’s considerably lower than the 5.6% surge in the previous quarter. But no one expected the powerful momentum [...]