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American GDP

World news about “American GDP” published by euronews.

30/05 15:58 CET

US GDP revised slightly lower as austerity bites

US GDP revised slightly lower as austerity bites

Economic growth in the United States was slightly weaker than originally thought in the first three months of the year. Revised figures from the Commerce Department show GDP was up by 2.4 percent. The initial estimate was 2.5 percent. Consumer spending rose, but businesses…