GDP Rises with Price Index The nation's gross domestic product, or value of goods and services, grew at a 4.2 percent annual rate during the first three months of the year, an improvement over the end of 2003 but not as strong as many analysts were expecting. The Commerce Department's prime price index, omitting food and energy, rose 2.3 percent, compared with 1.5 percent in the fourth quarter. NPR's Jim Zarroli reports.
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GDP Rises Along with Inflation Uptick

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GDP Rises Along with Inflation Uptick

GDP Rises Along with Inflation Uptick

GDP Rises Along with Inflation Uptick

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The nation's gross domestic product, or value of goods and services, grew at a 4.2 percent annual rate during the first three months of the year, an improvement over the end of 2003 but not as strong as many analysts were expecting. The Commerce Department's prime price index, omitting food and energy, rose 2.3 percent, compared with 1.5 percent in the fourth quarter. NPR's Jim Zarroli reports.