U.s. Economy Grows At 2.5% Rate In 1st Quarter

WASHINGTON -- U.S. economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset further declines in government spending that are expected to drag on growth throughout the year.

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    The U.S. economy expanded at a 2.8 percent annual rate from July through September, the Commerce Department reported Wednesday, driven largely by resilient consumer spending.
    10/30/2024 - 10:15 am | View Link
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