Record Subpar Economic Growth Streak Now 6 Years
The U.S. economy expanded at a 2.2% annual rate in the first quarter, somewhat below expectations.
But it also marked a new milestone for economic futility.
U.S. GDP hasn’t risen 4% or more in any quarter since the first quarter of 2006.
That’s the longest such stretch on record going back to 1950
No comments:
Post a Comment