The U.S. economy grew just one-tenth of 1 percent in the first quarter of 2014, the Commerce Department reported Wednesday. Blame a brutal winter that held down corporate spending and housing activity. Economists expected the economy to grow 1.2 percent. Either way, it's well below the post-WWII average of 3 percent annual growth. “We’ve been living in sub-3 percent land, and people have gotten used to that as the new normal,” economist Dan North told The New York Times. "But it’s not. It’s anemic."
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