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GDP growth slows in Q1

April 30 2014

U.S. real gross domestic product increased at an annual rate of 0.1 percent in the first quarter of 2013, the slowest pace since the fourth quarter of 2012, according to an advance estimate released today by the U.S. Bureau of Economic Analysis. It increased by 2.6 percent in the fourth quarter.

Reuters reports economists had expected growth to slow to 1.2 percent.

Growth in the staffing industry is strongly correlated with GDP growth, according to research from Staffing Industry Analysts.


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