First-quarter growth reading slashed in cautionary note on economy – Reuters
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First-quarter growth reading slashed in cautionary note on economy
Reuters Gross domestic product expanded at a 1.8 percent annual rate in the quarter, the Commerce Department said. The economy was previously reported to have grown at a 2.4 percent pace after a gain of just 0.4 percent in the final three months of last year. Economy worsens and stocks surge Revision shows US economy grew at much slower 1.8 percent annual rate in … US economy's growth rate gets a trim |
