Friday, April 28, 2017

U.S. 1st Quarter growth weakest in three years

The U.S. economy expanded at an annualized rate of 0.7% in the first
quarter of 2017 marking its lowest rate of growth for three years.

Weak consumer spending is a large reason for the weak data but
economists do expect the economy to pickup later in the year.

William Denselow reports from New York.

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