FYI…
News Alert
from The Wall Street Journal
U.S. gross domestic product, the broadest measure of all the goods and services produced in an economy, grew at an inflation-adjusted annual rate of 2.2% in the first quarter of 2012.
The economy’s pace of growth slowed as government spending fell and a build-up in inventories eased. Economists had forecast first-quarter GDP would increase at a 2.6% rate. In the final three months of 2011, the economy grew at a 3% rate.