Quotes of the Day

Shoppers browse items at a Costco Wholesale Corp. store in Chicago, Illinois, U.S., on Tuesday, Oct. 4, 2011.
Friday, Apr. 27, 2012

Open quoteI think the question is whether the growth rate that's sustainable is acceptable — politically and socially acceptable. Close quote

  • STEVEN BLITZ,
  • chief economist of ITG Investment Research. The economic output of the U.S. grew at an annual rate of 2.2 percent in the first quarter of 2012, easing from the prior quarter's growth rate of 3 percent.
Photo: Tim Boyle/ Bloomberg / Getty Images | Source: NY Times