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US economy set for rebound after Q1 contraction

May 30, 2014
By MARTIN CRUTSINGER , THE ASSOCIATED PRESS

WASHINGTON - The U.S. economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and along with it, signs that the chill was just a temporary setback in the long road to recovery.

 
 
 

 

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