U.S. ECONOMIC GROWTH—WHAT ARE THE LATEST RATES? Go to the Bureau of Economic Analysis Web site, www.bea.gov , and use the data interactivity feature to find National Income and Product Account Table 1.1. What are the quarterly growth rates (annualized) for the U.S. economy for the last six quarters? Is the average of those rates above or below the long-run U.S. annual growth rate of 3.5 percent? Expand the range of years, if necessary, to find the last time real GDP declined in two or more successive quarters. What were those quarters?