The US government has raised its estimate of US economic growth in the first quarter of this year.
US economic growth in the first quarter was revised up by a tenth of a point to a 1.9% annual pace, the government said in its final estimate of output.
The Commerce Department's slight upward revision in gross domestic product (GDP) from the prior estimate of 1.8% growth was just above analyst expectations for no change in the figure.
(Sourec: http://www.rte.ie/news/2011/0624/usa-business.html)
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