BEA: “Real gross domestic product–the output of goods and services produced by labor and property located in the United States… …increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the “advance” estimate released by the Bureau … Continue reading In Which I Once Again Do Not Understand the Thinking of the Federal Reserve’s FOMC: Thursday Focus: May 1, 2014