STEVE INSKEEP, host:
NPR's business news starts with signs of economic growth.
(Soundbite of music)
INSKEEP: These are the latest numbers from the Commerce Department, reporting that the economy finally grew last quarter. The gross domestic product, the broadest indicator of economic growth, expanded at an annual rate of three-and-a-half percent. It's the first time the economy has formally grown in a year, and it's the fastest growth in two years.
This pick up comes from more consumer spending, more exports, and the Cash for Clunkers program added a boost. Economists are curbing their enthusiasm, however. They say high unemployment is likely to keep this recovery subdued.
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