GDP did not grow as anticipated, but do not worry it was just because of winter so says NY Times. Our 1 percent growth anticipation was severely let down when numbers came to prove we only grew .2 percent. It has been two years in a row that bad weather in certain areas of the country have impacted the first quarters growth, but the real question is whether or not we will play catch-up like we did last year? Is other data sending mixed signals?
http://www.nytimes.com/2015/04/30/upshot/how-to-make-sense-of-weak-economic-growth-in-2015.html?ref=economy&abt=0002&abg=0
1 comment:
I think we should start preparing for this inevitable bad weather, it has effected many parts of the economy and always will. In the future we should prepare for it so it does not harm our growth.
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