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9 reasons the U.S. economy is stronger than you think
Preliminary first-quarter GDP numbers were released last week, and they were mighty ugly. The U.S. economy growing at just a 0.1% rate . Not only is that disappointing on its face, it’s also a big shortfall from most estimates of about 1.1% GDP growth for the first quarter. But, so what? There are plenty of reasons to be optimistic now. The major stock market indexes are up against fresh highs. And while it’s easy to latch onto this one report and ignore the very real impact of poor weather in January and February, it doesn’t tell the whole story. The fact is that the U.S. economy is a heck of a lot stronger ... (full story)
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