Sun, Apr 29, 2012 - Page 11 News List

Inventories, low spending curb US’ Q1 growth

STEADY RECOVERY:A rise in demand for autos helped offset the drag from lower business spending and a surprise drop in defense spending

Reuters, Washington

A core measure that strips out food and energy costs advanced at a 2.1 percent rate, also quickening from 1.3 percent in the prior quarter.

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