While U.S. economic growth in the first three months of 2015 was expected to be weak due to the severe winter weather, the Commerce Department released a report on Wednesday showing that the gross domestic product increased by even less than anticipated.
The Commerce Department said U.S. GDP inched up by just 0.2 percent in the first quarter following the 2.2 percent growth seen in the fourth quarter. The modest uptick compared to economist estimates for an increase of about 1.0 percent.
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