Friday, April 26, 2019

U.S. Economy Powers Ahead In First Quarter With 3.2% Growth

The Commerce Department says the U.S. economy picked up steam in the first three months of the year. That's a significant turnaround from expectations six weeks ago, when many analysts projected a slump in GDP growth to just 2% or less. A pickup in consumer spending contributed to the improved outlook. Retailers enjoyed strong sales gains in March after a lackluster February.

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