Economic security
The U.S. economy stalled in
the first quarter, expanding by just .02 percent, hurt by weak exports and a
drop in business investment, according to a report released Wednesday by the
federal Bureau of
Economic Analysis. The figure fell short of analyst's predictions of 1 percent growth and
well below the previous quarter's 2.2 percent growth, indicating that the U.S.
economy is losing momentum, undermining President Obama's recent efforts to
tout the economic recovery.
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