The economic growth rate of US was recorded 2.7% in the first quarter of the running financial year 2010, which is slower than that of the expected figure.

The Department of Commerce had estimated the growth rate of 3% as compared to the same period in the year 2009. This new figure is quite disappointing for the US economy as it is only the third quarter is in continuation since the economy of US has stopped contracting. In the preceding year the growth rate was much faster than this time.

As per the experts, these figures are highly influenced by the volatile nature of the market and the price of dollar. The two important components of GDP, the consumer spending and business investment have declined from their previous figures.

Meanwhile the inventory adjustments were revised up. Generally after a recession the companies spend money to rebuild their stock of goods for sale which is a transitory process. As a result to this process the GDP growth gets boosted in the earlier stage of the economic recovery.