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ASA Central

A dynamic online community for ASA members to exchange ideas and best practices, and connect with industry peers in their sector. Visit the site ›
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This powerful online resource enables staffing companies to find and access industry supplier information, products and services. Visit the site ›
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Staffing Today Newsletter

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Massive GDP Plunge

Business Insider (06/25/14) Sam Ro

U.S. gross domestic product contracted by a 2.9% annualized rate in the first quarter, according to the U.S. Bureau of Economic Analysis. This revised estimate was down substantially from the previous estimated contraction of 1.0% and much worse than the expected 1.8% contraction. Personal consumption growth was cut to 1.0% from 2.4%.