U.S. economy grows 0.6% in 1st quarter
The U.S. economy limped along at a 0.6 percent growth rate in the first quarter, technically avoiding a recession that many economists and consumers believe is already underway.
The Gross Domestic Product stayed the same from the fourth quarter of 2007, but the Commerce Department figure is subject to change because it is based on preliminary estimates.
The economy was buoyed by a buildup in inventories, exports and consumer spending on services. Those gains were offset by an upturn in imports, a slowdown in industrial construction, and consumer spending on goods. ' Eric Kulisch
U.S. economy grows 0.6% in 1st quarter
