U.S. economy weakens sharply in first quarter

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

U.S. economy weakens sharply in first quarter (by Greg Robb)

WASHINGTON (MarketWatch) - The U.S. economy decelerated in the first quarter, the Commerce Department reported Thursday. Real gross domestic product rose at a 1.8% annualized rate in the first quarter, down from a 3.1% increase in the fourth quarter. The big story for the first quarter was the slowdown in consumer spending. Real estate and government sectors also dampened growth. At the same time as the economy slowed, inflation accelerated. The personal consumption expenditure index rose 3.8% in the fourth quarter, the fastest pace since the third quarter of 2008. The core personal consumption index rose 1.5%, the fastest since the fourth quarter of 2009.

Forum Policy

Return to Index