U.S. Growth Slowed At Year's Start But Some See Rebound

AP

By Paul Wiseman and Christopher S. Rugaber

WASHINGTON -- Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a repeat of the near-standstill that happened in 2011.

"The economy is firmly on a growth trajectory," said Sung Won Sohn, an economics professor at California State University's Smith School of Business. "The first-quarter slowdown will be temporary."

Still, the January-March report was discouraging.