The Economy Takes Yet Another Hit

Behold: A contraction in the nation's economic output in the first quarter again deferred hopes for a sustained pickup in growth, another stumble for a lackluster recovery approaching the end of its fifth year. Gross domestic product, the broadest measure of goods and services produced across the economy, shrank at a seasonally adjusted annual rate …

I Am Almost Afraid to Believe It . . .

But perhaps at long last, the U.S. economy may be growing at a healthy pace: The U.S. economy grew at its fastest pace in two years, as a recovery that has otherwise chugged along in fits and starts builds up a head of steam going into the new year. The government's main growth gauge—gross domestic …

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