NOT TOO STERLING – AT 12:52 P.M. ET:  This went under the radar, or whatever the mainstream media calls story selection, but it's important.  The nation's economic growth, which appeared pretty healthy some months ago, is slowing dramatically again.  From CNS: 

CNSNews.com) - The U.S economy slowed in the fourth quarter of 2014 as real gross domestic product (GDP) expanded at an annual rate of 2.2 percent, according to the “third” estimate released by the Commerce Department and the Bureau of Economic Analysis (BEA).

Real GDP is adjusted for inflation and represents “the value of the production of goods and services in the BEA. “In the second estimate, the increase in real GDP was also 2.2 percent.”

Wall Street Journal economists predicted an upward revision of 2.4 percent growth.

The fourth quarter real GDP of 2.2 percent, which includes performance from October, November and December of 2014, was lower than the third quarter real GDP estimate of 5.0 percent, which included months July, August and September. It was also lower than the second quarter estimate of 4.6 percent.

COMMENT:  Pretty anemic.  Maybe that's why Americans don't sense the "recovery" that the Obamans have been talking about. 

March 28, 2015