Advance First Quarter GDP Expands 4.8%

Ackerman, Andrew
May 2006
Bond Buyer;5/1/2006, Vol. 356 Issue 32371, p2
Trade Publication
The article reports on the performance of U.S. economy during the first quarter of fiscal 2006. According to statistics, the economy expanded a brisk 4.8 percent during the period. The figure matched the high-end of market expectations for robust growth in the first part of the year. Real GDP, the broadest measure of the economy's performance, bounced back from a tepid 1.7 percent rise in the fourth quarter of 2005.


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