The initial estimate for the annualized quarterly growth rate of US real GDP in the first quarter was 2%, compared to an expected 2.3%.

PANews reported on April 30 that the initial estimate for the annualized quarterly growth rate of US real GDP in the first quarter was 2%, below the expected 2.3% and the previous value of 0.50%. Initial jobless claims in the US for the week ending April 25 were 189,000, below the expected 215,000 and the previous value revised from 214,000 to 215,000.

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