Economy

U.S. Gross Domestic Product

Percent change by quarter, annualized rate

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Source: Bureau of Economic Analysis

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U.S. GDP Shrinks At 6.1 Percent Pace In 1st Quarter

The U.S. economy turned in a worse-than-expected performance in the first three months of the year, contracting at a 6.1 percent annual rate — far more than the 5 percent decline analysts had expected.

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