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US 1st quarter growth 2.5%

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(Globalpost/GlobalPost)

The US economy grew at a pace of 2.5 percent in the first quarter of 2013, picking up from the previous quarter's poor 0.4 percent pace, the Commerce Department said Friday.

The first estimate of GDP growth in the first quarter was lower than expected, coming in below the average analyst forecast of 2.8 percent.

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http://www.globalpost.com/dispatch/news/afp/130426/us-1st-quarter-growth-25