"The economy essentially stalled in the first quarter, but that doesn't mean it is faltering," said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania, told the Reuters news service. "Some of the restraints to growth are dissipating. Growth is likely to accelerate going forward."
"The economy is growing but not enough to make most Americans happy. At this weak pace, it will take more time than many hoped for people to really feel the benefits of this upturn," said Joel Naroff, president of Naroff Economic Advisors.