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WASHINGTON,(AFP) - The Commerce Department said Wednesday that the US economy grew only 1.8 percent in the first quarter, a sharp revision from the previous estimate of 2.4 percent.
The department said personal spending was lower than previously estimated, and that both exports and imports actually declined in the January-March period.
The department said personal spending was lower than previously estimated, and that both exports and imports actually declined in the January-March period.
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