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US First Quarter GDP Growth Revised Up to 1.2%

  • According to reports, US economic growth in early 2017 was a modest 1.2%.  This is stronger than initially thought 0.9%, and the pace is expected to pick up in the second quarter.

    Gross domestic product is a broad measure of the goods and services produced in the US economy. The first Quarter performance of 2017 was the weakest performance since the first quarter of 2016 .