Tag Archives: The US Economy Grew at Its Fastest Pace Since 2003

In Q1, The US Economy Grew at Its Fastest Pace Since 2003, Thanks To Fiscal Stimulus

The Commerce Department announced on Thursday that the economy grew at its second-fastest pace since the third quarter of 2003, leaving production just 0.9% below its previous high. The government compensated money to mainly lower-income households in the first quarter, boosting consumer spending and setting the stage for the best year in nearly four decades. […]