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Axios
Axios

Surprisingly strong GDP report undermines economic slowdown narrative

Data: Bureau of Economic Analysis; Chart: Axios Visuals

U.S. GDP growth this spring was stronger than previously thought, new revisions released Thursday morning show.

Why it matters: It is the latest piece of data to undermine the narrative that a broad-based slowdown is underway, amid a confusing set of crosscurrents buffeting economic data.

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