Cold weather seen temporarily slowing U.S. economy

mardi 29 avril 2014

A man pushes a cart up the road while scavenging for bottles and cans during a winter nor'easter snowstorm in Lynn U.S. economic growth likely braked sharply in the first quarter due partly to an unusually cold and disruptive winter, but activity already appears to be bouncing back. Gross domestic product probably grew at a 1.2 percent annual rate, according to a Reuters survey of economists, pulling back from the fourth quarter's 2.6 percent pace. "We have effectively written off first-quarter growth performance in part due to the adverse weather conditions," said








via Business News - Yahoo Finance http://ift.tt/R1fbsh

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