[skeeter]

Economy growing at a breathtaking 1.5%.

Hang on tight everyone!

[RobertClark]

Economy growing at a breathtaking 1.5%.

The biggest problem with that is: the velocity of money, which the Fed is dumping into the markets combined with the Govt's deficit spending is enough to generate a 3 to 4% growth rate on its own. So, absent this money, the economy is actually contracting at an alarming rate.

[Wyatt's Torch]

1Q13 GDP was up +2.5% though that was well below the 3.0% consensus estimate.

[newfreep]

Drudge has link showing 2.5%