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9 months ago

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Moderate US economic growth expected in second quarter

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Moderate US economic growth expected in second quarter

The U.S. economy likely maintained a moderate pace of growth in the second quarter as labor market resilience underpinned consumer spending, while businesses boosted investment in equipment and built more factories, potentially keeping a much-feared recession at bay.

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Moderate US economic growth expected in second quarter

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Moderate US economic growth expected in second quarter

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