Home Invites Members Groups Events Careers Videos News Photos Blogs Polls Singles Forums Chat
Home > Blogs > Post Content

The N Y Times BREAKING NEWS: U S Economy Barely Grew in First Quarter (2430 hits)


(Wednesday, April 30, 2014) The American economy slowed drastically in the first quarter of 2014, as wintry weather depressed corporate spending and housing sector activity, while smaller additions to inventories by farmers and businesses also held back growth. At an annualized rate of 0.1 percent, the pace of expansion in January, February and March was the weakest since the fourth quarter of 2012, when output barely grew at all. It also represented a sharp deceleration from the level of growth recorded in the second half of 2013, when the economy expanded at a 3.4 percent rate. The first-quarter pace also fell well short of the 1.2 percent rate of growth expected by Wall Street economists before the Commerce Department announcement Wednesday morning.

READ MORE »
http://www.nytimes.com/2014/05/01/business...
Posted By: Jen Fad
Wednesday, April 30th 2014 at 11:21AM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
More From This Author
Bobby Womack, Legendary Soul Singer, Dies At 70
EVA MARCILLE GRANTED FULL CUSTODY OF DAUGHTER AFTER ALLEGED PHYSICAL ALTERCATION WITH KEVIN MCCALL
Marriages… Made in Heaven? Really? #22
South Carolina Panel Passes Bill to Ban Abortions After 20 Weeks Because Babies Feel Pain
Boxer Floyd Mayweather: My Fiance’ Aborted Our Twins So I Dumped Her
Where Is Flight MH370?
Human rights body tells Egypt to suspend death sentences of 529 Morsi supporters
Report Released on FLight MH370: Officials Waited 4 Hours to Launch Rescue
Forward This Blog Entry!
Blogs Home

(Advertise Here)
Who's Online
>> more | invite 
Black America Resources
100 Black Men of America
www.100blackmen.org

Black America's Political Action Committee (BAMPAC)
www.bampac.org

Black America Study
www.blackamericastudy.com

Black America Web
www.blackamericaweb.com

CNN Black In America Special
www.cnn.com/blackinamerica

NUL State of Black America Report
www.nul.org

Most Popular Bloggers
agnes levine has logged 74564 blog subscribers!
dea. ron gray sr. has logged 51154 blog subscribers!
tanisha grant has logged 33641 blog subscribers!
rickey johnson has logged 8687 blog subscribers!
minister jazz' thomas-jones has logged 7465 blog subscribers!
>> more | add 
Latest Jobs
Network Administrator with PGT Innovations in Prince George, VA.
Payroll Experience Coordinator with Roth Staffing Companies in Orange, CA.
Transportation Planner 2 (Enterprise GIS) with State of Connecticut Department of Transportation in Newington, CT.
Business Solutions Manager – Sales with Roth Staffing Companies in San Jose, CA.
Associate Director of Multicultural Recruitment with Deerfield Academy in Deerfield, MA.
>> more | add