Friday, April 27, 2007

Poor U.S. growth sends dollar to record euro low

(Reuters) - Wall Street looked set for a poor start after the Commerce Department said weaker exports and a steady slide in spending on homebuilding had helped slow U.S. economic growth to its softest pace in four years.

Gross domestic product or GDP, which measures total goods and services output within U.S. borders, increased at a weaker-than-expected 1.3 percent annual rate in the three months from January through March.


Read more at Reuters.com Bonds News

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