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Economic Growth NPR's Jack Speer reports the nation's economy grew faster than expected in the first quarter. The nation's gross domestic product, or GDP, expanded at a 2 percent annual rate, according to the Commerce Department. Most economists expected the economy to grow no faster than 1 percent in the first quarter. Analysts said the economy was helped along by strong consumer spending and a narrower trade gap.

All Things Considered

Economic Growth

Heard on All Things Considered

Economic Growth

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NPR's Jack Speer reports the nation's economy grew faster than expected in the first quarter. The nation's gross domestic product, or GDP, expanded at a 2 percent annual rate, according to the Commerce Department. Most economists expected the economy to grow no faster than 1 percent in the first quarter. Analysts said the economy was helped along by strong consumer spending and a narrower trade gap.