You are here

Growth frozen as Q1 GDP grows just 0.1%

Pullback comes as snow blankets country's eastern half, hitting economic activity
Thursday, May 1, 2014 - 06:00

Washington THE US economy barely grew at all in the first quarter as harsh winter weather chilled investment and exports dropped. The stall occurred even as consumer spending on services rose by the most in 14 years. Gross domestic product (GDP) grew at a 0.1 per cent annualised rate from

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom