Press Releases | Economic Growth

News from EPI GDP continues to grow too slowly

For Immediate Release: Thursday, April 28, 2011
Contact: Phoebe Silag or Karen Conner, 202-775-8810

“Today’s news that gross domestic product (GDP) grew at 1.8% in the first three months of 2011 is yet another reminder that the economic debate in Washington on deficit reduction is misguided. Growth this slow, if sustained for a year, would most definitely lead to a guaranteed rise in the unemployment rate – it’s time for politicians to put jobs back on the top of the issues menu,” said EPI economist Josh Bivens.

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