Economic Indicators | Economic Growth

Today’s GDP Report Gives No Sign that Better Progress in Reducing Joblessness Is on the Horizon

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Gross domestic product—the broadest measure of economic activity—grew at just a 0.1 percent annualized rate in the first three months of 2014. While the ongoing trend in growth is surely higher than this, today’s report highlights that the U.S. economy shows no sign of growing at a rate that was historically associated with falling unemployment and joblessness.

 

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