WASHINGTON -- The economy started out the year solidly, growing atan annual rate of 4.2 percent in the first quarter in a performancethat suggests the recovery has staying power.
That is good news for President Bush, who is counting on healthyeconomic activity this summer as he campaigns for re-election.
The increase in gross domestic product from January through Marchwas a slight improvement over the 4.1 percent rate over the finalthree months of last year, the Commerce Department reported Thursday.
The first quarterly report for 2004 fell short of the 5 percentpace analysts were forecasting. Nonetheless, it indicated the economyis on firm footing, economists …
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