Comment on U.S. economic growth slowed to 2.3% pace in first quarter — better than expected

U.S. economic growth slowed to 2.3% pace in first quarter — better than expected

The U.S. economy slowed to a moderate 2.3% annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years. Still, the January-March figure was better than expected and was enough to propel growth over the last year to come close to the 3% goal...

 

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