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US Economy Grows at Tepid 2.2% Pace; Misses Estimates

04-27-2012 • CNBC

U.S. economic growth cooled in the first quarter as businesses cut back on investment and restocked shelves at a moderate pace, but stronger demand for automobiles softened the blow.

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US Economy Grows at Tepid 2.2% Pace; Misses Estimates

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