US Growth in First Quarter Better Than Expected, Global Outlook Improves
U.S. economic growth in the first quarter of 2017 was better than expected but not by much. The Commerce Department says U.S. GDP, the broadest measure of goods and services produced in the country, grew 1.4 percent from January to March, 0.2 percent faster than the previous estimate. But many analysts believe U.S. growth will improve in the second quarter. And growth prospects for the global economy are the best they’ve been in six years. Mil Arcega has more.
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