Nation's GDP grows at 3.2% rate in first quarter
Friday, April 30, 2010 - 09:01
in Mathematics & Economics
The growth rate released by the Commerce Department is modest but is a dramatic improvement over the same period last year, and is seen as an indication that a steady recovery has taken hold. Despite three straight quarters of economic growth, the recession still has not been declared officially over. The economy grew 3.2% in the first quarter of the year, the Commerce...