Economic Recovery Slows in First Quarter

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Consumers spent at the fastest pace in more than a year, according to news today from the Commerce Department today. But the economy still grew more slowly than had been predicted in the first quarter of 2012. The report does say, however, that the economy is expected to continue to make steady, slow growth. Daniel Gross is a columnist and economics editor at Yahoo Finance, and the author of the forthcoming book, Better Stronger Faster: The Myth of American Economic Decline.




Sara Terry