26-04-2019 15:17 via feedproxy.google.com

The US economy blows past growth expectations in the first quarter

The Commerce Department said Friday that the economy grew at a far faster pace than expected at the beginning of the year.
Gross domestic product, a measure of all the goods and services produced in a country, expanded at an annualized rate of 3.2% in the first quarter. Economists had expected 2.3% growth.
The economy grew at a pace just under the Trump administration's goal of 3% last year, boosted by the $1.5 trillion tax cuts passed in 2017 and increased public spending.
The American economy
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