GDP up 2.5 percent: Smaller-than-expected bounce for US economy

April 29, 2013 at 11:48 AM
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The recovery is inching along, fighting against the self-inflicted wounds of the sequester and the termination of the payroll tax credit which slashed disposable income by 4.4 percent of its annual rate. Many economists feel that we can expect to see "2 percent-ish" growth for a while, which is just not good enough.