We Beat U.S. Economy by 3,733% in First Quarter
Many including me predicted that the U.S. economy was in a recession during the first quarter. Turns out that news of the economy's ill health was greatly exaggerated. The economy actually grew during the first quarter of 2008, albeit barely. According to the U.S. Commerce Department, the country's economic growth from January through March was 0.6 percent. Hardly great, but definitely a lot better than many feared.
Not to toot our own horn, well, maybe a little, but our revenues were up during the first quarter of 2008. Our revenues increased by 22.4 percent in the first quarter in 2008 as compared to the same period a year earlier. That's off from the roughly 75 percent growth we saw from 2006 to 2007 but given the recession economy's only slight growth, we're feeling pretty good.
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