The Bureau of Economic Analysis (BEA) released its first second quarter estimate of Gross Domestic Product (GDP) for 2016. The BEA’s report showed that the economy grew at an annual percent of only 1.2%. This comes after an anemic increase of only 0.8% during the first quarter of 2016 and a similarly weak growth estimate for the fourth quarter of 2015. All figures are inflation-adjusted and at annualized rates. The pattern of slow growth demonstrates an economy in stagnation. GDP is the most comprehensive measure of economic growth.