Austan Goolsbee, chairman of the White House Council of Economic Advisers, talks about today’s report showing the U.S. economy slowed more than forecast in the first quarter. Gross domestic product rose at a 1.8 percent annual rate from January through March after a 3.1 percent pace in the final three months of 2010, the Commerce Department said in Washington. Economists projected 2 percent growth, according to the median estimate in a Bloomberg News survey. Goolsbee speaks with Hans Nichols on Bloomberg Television’s “Bottom Line.”
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April 28 (Bloomberg)
