
Pathetic.
Via CNS News:
The White House announced today that real GDP grew at a meager 0.1% annual rate in the first quarter:
“Real gross domestic product (GDP) rose 0.1 percent at an annual rate in the first quarter of 2014, following the 3.4 percent annual pace in the second half of 2013.”
Severe winter weather is one reason for the slower growth, the White House says:“Today’s GDP estimate is subject to a number of notable influences, including historically severe winter weather, which temporarily lowered growth in the first quarter.”
