Watch CBS News

U.S. Economy Hit The Gas In The First Quarter

The U.S. economy expanded at a rate of 3.2 percent in the first quarter, sprinting past analysts' growth forecasts of 2.3 percent. The Department of Commerce's initial estimate of gross domestic product -- the total value of goods and services -- may tamp down fears that economic activity is slowing.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.