“The U.S. economy produced more upbeat news with its 3.2% GDP growth in the first quarter, making it three straight quarters of expansion, the U.S. Commerce Department announced Friday. Strong business investment and consumer spending led the increase.

Economists surveyed by Bloomberg News had expected a 3.4% rise, after increases of 5.6% and 2.2% in the third and fourth quarters of 2009, respectively.”

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