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Thursday 29 April 2021

US economy accelerates in first quarter; jobless claims edge lower

Gross domestic product increased at a 6.4% annualized rate last quarter, the Commerce Department said on Thursday in its advance estimate of GDP for the first three months of the year. That was the second-fastest GDP growth pace since the third quarter of 2003 and followed a 4.3% rate in the fourth quarter.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3e32U4s

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