US economic growth revised down to 2.2 percent rate in Q1

By: Martin Crustsinger Associated Press May 30, 2018

The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. Given the economy's recent performance, analysts are still looking for a solid rebound in the current quarter. Growth in the gross domestic product, the economy's total output of goods and ...

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US economic growth revised down to 2.2 percent rate in Q1

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