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U.S. Economy Grew at 3.2% Rate in First Quarter
Higher exports, inventory investment helped offset slower rate of spending by consumers, businesses
U.S. Economy Grew at 3.2% Rate in First Quarter
Higher exports, inventory investment helped offset slower rate of spending by consumers, businesses
By Harriet Torry
Updated April 26, 2019 6:57 p.m. ET
WASHINGTON—The U.S. economy started 2019 with a pop, growing rapidly despite multiple headwinds, including weaker domestic demand, suggesting the current expansion has more room to run in its 10th year.
Gross domestic product—the value of all goods and services produced in the U.S., adjusted for inflation and seasonality—rose MORE...............