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                    [Title] => US economy posts 5.6% growth in Q1, fastest in two years
                    [Summary] => WASHINGTON (AFP) – US economic output roared 5.6 percent higher in the first quarter of 2002, the government said Friday, slower than first estimated but still the fastest pace in nearly two years. 


Consumer spending and business investment – the two critical components still needed to provide a sustainable recovery – were weaker than earlier thought, the data showed. 


But companies were fighting their way out of the doldrums, posting their first improvement in after-tax profits in a year and a half, the Commerce Department said. 


                    [DatePublished] => 2002-05-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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IAN MORRIS

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                    [ArticleID] => 162259
                    [Title] => US economy posts 5.6% growth in Q1, fastest in two years
                    [Summary] => WASHINGTON (AFP) – US economic output roared 5.6 percent higher in the first quarter of 2002, the government said Friday, slower than first estimated but still the fastest pace in nearly two years. 


Consumer spending and business investment – the two critical components still needed to provide a sustainable recovery – were weaker than earlier thought, the data showed. 


But companies were fighting their way out of the doldrums, posting their first improvement in after-tax profits in a year and a half, the Commerce Department said. 


                    [DatePublished] => 2002-05-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

US economy posts 5.6% growth in Q1, fastest in two years

May 26, 2002 - 12:00am

WASHINGTON (AFP) – US economic output roared 5.6 percent higher in the first quarter of 2002, the government said Friday, slower than first estimated but still the fastest pace in nearly two years. Consumer...

Business