Skip to Main Content Skip to Left Navigation Skip to Footer

Printing Page. To return to the web site, close this window after printing has completed.

Print this page again without navigation (left or right)

To print this page, use your browser's print button or function. To return to the web site, close this window after printing has completed.

United States of America

Department of Commerce

Commerce Seal montage illustrating the work Commerce does
 
Print without left or right navigation

Press Release

NOTICE TO VISITOR:
THIS IS AN ARCHIVED SITE

This site contains information released online prior to January 20, 2009.

Click HERE to go the CURRENT commerce.gov website.
Information released from January 20, 2009 to present.

Please note: The content in this archive site is not updated and external links may not function.

FOR IMMEDIATE RELEASE

CONTACT OFFICE OF PUBLIC AFFAIRS

Thursday, April 28, 2005

202-482-4883

Secretary Carlos M. Gutierrez Statement on 1st Quarter GDP

Commerce Secretary Carlos M. Gutierrez today released the following statement on First Quarter GDP:

"America's economy continues on a steady and sustainable path of expansion. Businesses continue to spend and invest and more Americans are working today than ever before. Our economy has kept a solid pace of growth for the past two years. Our growth for this quarter of 3.1 percent comes on top of last year’s strong 4.4 percent growth. But there is still more work to do. The President’s pro-growth economic policies include moving America toward greater energy independence and eliminating barriers to trade so that businesses have the best conditions to hire more workers and succeed."