Published: Apr 28, 2016 10:25 a.m. ET
WASHINGTON (MarketWatch) — The U.S. economy sputtered in the first quarter, expanding at the slowest pace in two years as business slashed investment by the steepest amount since the Great Recession.
Gross domestic product, the sum of a nation’s economy, slowed to a 0.5% annual growth rate in the first three months of 2016, the government said Thursday. The U.S. had grown 1.4%, 2% and 3.9% in the prior three quarters.
https://www.marketwatch.com/story/gdp-slows-to-05-in-first-quarter-2016-04-28