Dude! Where's My Recession?

Economy's growth picks up in first quarter

WASHINGTON (AP) -- The economy plodded ahead at a 0.9 percent pace in the first quarter -- slightly better than first estimated

The new reading on gross domestic product, released by the Commerce Department on Thursday, was an improvement from the government's initial growth estimate for the January-to-March quarter as well as the economy's performance in the final quarter of last year. Both periods were pegged at a 0.6 percent growth rate.