US GDP Data: Private Sector Grows 2.8% in Q1 2012, Government Continues to Shrink

The private sector of the U.S. economy grew at a 2.8 percent annual rate in the first quarter of 2012, according to yesterday’s advance estimate from the Bureau of Economic Analysis. Overall growth of real GDP was 2.2 percent, pulled down by the continuing shrinkage of the government sector. 

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Follow this link to view or download a classroom-ready slideshow with charts of the latest GDP details.