04222018Sun
Last updateFri, 20 Apr 2018 5pm

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Manufacturing & The Economy

U.S. Economy Grew 0.7% in the First Quarter of 2017

Real GDP in the U.S. fell short of expectations, increasing at an annual rate of 0.7% in the first quarter of 2017; this according to the advance estimate just released by the U.S. Department of Commerce. The 0.7% figure, down from 2.1% in the fourth quarter and 3.5% in the second half of 2016, and is the slowest rate of growth in three years. Many economists expect more robust growth in the upcoming second quarter. 

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