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Gross domestic product increases at
1.7 percent rate in second quarter

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U.S. economic growth remained weak but still exceeded analysts’ expectations in the second quarter, growing at an annual rate of 1.7 percent, according to initial estimates released by the Commerce Department Wednesday. The annual rate of first quarter gross domestic product growth was also revised down from a 1.8 percent to a 1.1 percent, according to the Bureau of Economic Analysis. Second...

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