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Economy
Economy Watch
Donec tempor, nibh sed dapibus hendrerit, ante nisl eleifend velit, non rutrum erat magna non turpis. In hac habitasse platea dictumst. Phasellus bibendum tortor sit amet augue maximus, at iaculis nisl tristique.
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U.S. economy held 2% growth in Q1 despite higher oil prices
The U.S. economy grew at a 2% annual rate in the first quarter despite the Iran war driving energy prices higher.
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U.S. economy grew 2% in first quarter as Brent oil hit about $120
Government outlays rebounded and business investment held up, helping keep GDP afloat despite the oil shock.
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U.S. GDP Grows 2% in First Quarter as Oil Prices Surge
The Commerce Department said GDP rose at a 2% annual rate in the first quarter despite higher energy prices from the Iran war.
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