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The U.S. economy limped along in the first three months of the year at a pace slightly slower than the government previously thought. The biggest drag on growth came from companies struggling to get rid of their unsold goods.Gross domestic product 151; the country s total output of goods and services 151; grew at an annual rate of 1.2 percent from January to March, according to revised figures released by the Commerce Department Friday.The weak economy and higher energy prices took a bite out of U.S. companies profits in the first quarter, which registered their bigg
stanley becher est decline in three years.Most economists expected the government s
stanley website final first-quarter readi
stanley cup ng on GDP to be unchanged from the 1.3 percent rate of growth estimated a month ago. The government originally reported that the economy grew at a 2 percent rate in the first quarter.Many analysts believe the economy grew at a barely discernible 0.5 percent rate in the current April-June quarter, though some predict it didn t grow at all or actually slipped into reverse. The government s estimate of second-quarter GDP won t be released until late July. The second quarter will probably turn out to be the weakest quarter of the year, economists say, and possibly mark the lowest point for the economy since it entered a period of sub-par growth in the second half of last year.To stave off recession, the Federal Reserve has cut interest rates six times this year. The latest reduction, on Wednesday, was the first to Ltte College bake sale charging based on gender, race
The Industrial Revolution was at its height in the mid-19th century, but it was still in full swing in the early 20th century, when these photos were taken. They offer a portrait of the U.S. looking profoundly different. But it was also when we built many of our great bridges and public works, so some things have remained the same. Mott Street, Chinatown, New York, c. 1900
stanley canada via Shorpy The Flatiron Building under construction, New York City, c. 1902 via Library of Congress Times Square, New York City, c. 1904 via Library of Congress Broadway and Times Building 1 Times Square , New York City, c. 1905 via Shorpy The Main Tower in Luna Park, Coney Island, New York City, c. 1905 via Shorpy Manhattan entrance to Brooklyn Bridge, New York, c. 1905 via Library of Congress Night in Luna Park, Coney Island, New York City, c. 1905 viaShorpy Atlantic City bathers in front of the Marlborugh-Blenheim Hotel, the Hotel Traymore and Brady Baths, 1906 via Shorpy Williamsburg Bridge Plaza, New York City, c. 1906 via Library of Congress Wabash Avenue, Chicago, Illinois, 1907 via Barthworks Workers dig the street along the sidewalk on the north side of Delancey Street, New York, July 1908 via AP Photo/New York City Municipal Archives, Department of Bridges/ Plant 038; Structures, Eugene de Salignac The Sh
stanley trinkflaschen elton Square with the St. Paul Episcopa
botella stanley l Cathedral, the Prudential Building and the Erie County Savings Bank in Buffalo, New York, c. 1908 via Shorpy The sup
