Headline Details

Trade, inventories power U.S. economy to 3.2 percent growth in first quarter

Published on: Fri, 26 Apr 2019 13:21:33 UTC
News Agency: Reuters
Description:
U.S. economic growth accelerated in the first quarter, but the burst in growth was driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, temporary factors that are likely to reverse in the coming quarters.

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