U.S. GDP contracts 1.0% in Q1

Source: RTT News
© Scanpix/RS
The performance of the world's largest economy dropped in the first three months of this year recording the first decline since 2011, the latest report published by the Commerce Department showed on Thursday. According to the report, the U.S. GDP fell 1.0% in the Q1, while it was original seen to be falling by 0.5%.

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