US Economy Accelerates at 2.5 Percent in First Quarter

US Economy Accelerates at 2.5 Percent in First Quarter

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Shoppers and Tourism us-CCU.S. economic growth accelerated to an annual rate of 2.5 percent from January through March, buoyed by the strongest consumer spending in more than two years.

Consumer spending surged at an annual rate of 3.2 percent, the Commerce Department said Friday. Business spending also expanded along with home construction.

 

(READ the AP story in the Daily Herald)

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