Comment on U.S. revises first quarter GDP growth: up 1.2 percent, not .7 percent

U.S. revises first quarter GDP growth: up 1.2 percent, not .7 percent

The U.S. economy started 2017 out with a whimper, but it wasn't quite as weak as first thought. The government revised up its January-March growth reading to a rate of 1.2 percent — better than an earlier estimate of 0.7 percent but well below President Donald Trump's ambitious growth targets.

 

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