U.S. Economy Shrinks In First Quarter But Doesn’t Tell The Whole Story

U.S. Economy Shrinks In First Quarter But Doesn’t Tell The Whole Story

Consumer demand is strong. Prices are rising. Unemployment is at 50-year lows. And yet, the economy shrank 1.4 percent in the first quarter of the year. NBC News’ Tom Costello explains some of the factors at play. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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U.S. Economy Shrinks In First Quarter But Doesn’t Tell The Whole Story

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