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US First-Quarter GDP Growth Revised Higher; Corporate Profits Rose

The U.S. economy’s first-quarter slack was reduction conspicuous than primarily suspicion while corporate increase rebounded, amid signs of stronger expansion in a open months.

Gross domestic product, a extended magnitude of products and services constructed opposite a U.S. economy, stretched during a 0.8% seasonally practiced annual rate in a initial 3 months of 2016, a Commerce Department pronounced Friday.

That was adult from a agency’s initial…

Article source: http://www.wsj.com/articles/u-s-first-quarter-gdp-revised-higher-corporate-profits-rose-1464352524

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