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The U.S. economy shrank at a rate of 1.5% in the first quarter, according to the Bureau of Economic Analysis. The U.S. gross domestic product (GDP), which measures economic activity in the country,.

United statesLydia boussourKathy bostjancicBureau of economic analysisShrank faster than expectedWhat it meansStates whose economies are failingWhose economies areCiti priority accountEconomic analysisMoney workFast willFederal reserve bankSecond quarterProfessional forecastersChecking account