Always release this stuff on Friday...like we won't notice....
Government lowers growth estimate for 1st quarter - Yahoo! Finance:
WASHINGTON (AP) -- The government lowered its estimate of how much the economy grew in the first quarter of the year, noting that consumers spent less than it previously thought.
Gross domestic product rose by 2.7 percent in the January-to-March period, the Commerce Department said Friday. That was less than the 3 percent estimate for the quarter that the government released last month. It was also much slower than the 5.6 percent pace in the previous quarter."
Friday, June 25, 2010
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