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Consumption Jumps More Than Expected as GDP Holds Steady

  • Aired: 1/27/2014
    • Length:
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Synopsis >

The final reading on gross domestic product hit 2.6 percent for the 2013 fourth quarter. MLV Co. managing director of investment banking Bryan Turley tells TheStreet's Joe Deaux that the U.S. economy likely slowed in the first quarter this year, but he says it suggests underlying strength in the economy heading into the next quarter.

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