WASHINGTON (Reuters) - The U.S. economy barely grew in the first quarter as exports tumbled and businesses accumulated stocks at the slowest pace in nearly a year, 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.
That was a sharp pullback from the fourth quarter's 2.6 percent pace and was worse than economists' expectations for a slowdown to a 1.2 percent rate. The slowdown partly reflected an unusually cold and disruptive winter, marked by declines in sectors ranging from business spending to home building.
Source Reuters http://finance.yahoo.com/news/cold-weather-seen-temporarily-slowing-051130436.html
Let's all help jump start our economy by spending your money on items Made in the USA. Every dollar counts to help keep your neighbor working or maybe but them back to work