The American economy: Better than it looks? StiriPro

America's economy shrank at an alarming rate in the first quarterIT WOULD be tempting to use America’s grim first-quarter GDP figures, released on Wednesday April 29th, to squelch talk of green shoots in the global economy. In fact, the figures contain flickers of hope, as well as one looming threat in the form of a massive slump in business investment.The economy shrank at a 6.1% annual rate in the first quarter, the third quarterly decline. That outco [...]