Cold weather is blamed for the drop. Does this mean that global warming would mean an economic boom? http://www.forbes.com/sites/samanth...rter-2014-sharply-lower-from-second-estimate/
CNBC reports from Reuters: The GDP was adjusted down for the 1st quarter! Awful! http://www.cnbc.com/id/101787838 The Service Sector is roaring! Best in 4 1/2 years! http://www.cnbc.com/id/101788485
This is really bad news. PS That's why we say climate change now, not global warming. More extreme weather is expected. Colder winters and warmer summers.