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US Q1/16 GDP Growth Revised Marginally Higher

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Despite the upward revision, growth in the first quarter of 2016 remained disappointingly below the economy's long-run potential or average rate. The quarter indicated some areas of impressive strength with residential investment growth of 17.2%, which represented an upward revision from the previously estimated 14.9%. Consumer spending continued to rise,[​IMG]

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