The Gross Domestic Product was revised up for the first quarter. Initially the gain was reported at a .9% annual rate. The final number came in at 1.0% annualized. Consumer spendings final number was revised upwards as well from 1.0% in the first quarter, to 1.1%.
These are small increases I realize. However, any upward revision is very good news for our economy, which struggles like it hasn’t since the recession of 2001.
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http://www.reuters.com/article/businessNews/idUSMAR64567120080626?feedType=RSS&feedName=businessNews
