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2017.06.2908:40:00UTC+00U.S. Q1 GDP Growth Unexpectedly Upward Revised

Economic activity in the U.S. grew by more than previously estimated in the first quarter, according to revised data released by the Commerce Department on Thursday.

The report said gross domestic product climbed by 1.4 percent in the first quarter compared to the previously reported 1.2 percent increase. Economists had expected GDP growth to be unrevised.

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