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1st LD: U.S. economy almost stalls in Q1

Xinhua, April 29, 2015 Adjust font size:

U.S. real gross domestic product (GDP) increased at an annual rate of 0.2 percent in the first quarter this year, as uneven growth still haunted the world's largest economy amid a protracted weak recovery, according to an advance estimate released by the U.S. Commerce Department on Wednesday.

Personal consumption, which accounts for about 70 percent of the U.S. economy, grew 1.9 percent, compared with an increase of 4.4 percent in the previous quarter.

The U.S. economy grew 2.2 percent in the fourth quarter of 2014, and 5 percent in the previous one. Endi