U.S. Q1 growth revised down to 3.1% pace from 3.2%

UNITED STATES GDP growth for the first quarter of 2019 was revised down to 3.1%. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN
UNITED STATES GDP growth for the first quarter of 2019 was revised down to 3.1%. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN
NEW YORK – United States economic growth last quarter was revised down by less than expected amid stronger consumption and exports than initially reported, suggesting the expansion was on relatively firm footing before President Donald Trump’s escalation of the trade war with China. Inflation-adjusted gross domestic product increased at a 3.1% annualized rate in the…

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