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First-quarter GDP gets big boost, but it’s not really great news (opens original article in a new tab)

TL;DR

U.S. first-quarter GDP growth was revised up to 2.1% from 1.6%, but the increase is not considered significant news.

  • U.S. GDP growth revised up to 2.1% for first quarter
  • Previous estimate was 1.6%
  • Economic growth is described as not great news
  • GDP growth rate is higher than previously reported

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