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AllianceBernstein Library

Perspectives

First-Quarter US Growth: Weak Start to the Year…Again

Joseph G. Carson
Senior Vice President and Director—Global Economic Research

Economic growth is typically uneven, but the quarterly pattern in the current cycle has been especially curious, with first-quarter growth contracting or stalling in three of the past five years. All those weak performances had their own issues, but weather was certainly a common theme. Even so, the sluggish growth for the first quarter of 2015 had some other notable factors at work as well.

May 1, 2015