The new number also means BEA has now repeated that its initial growth estimate for the quarter (1.7 percent) was too low.
-- There were 305,000 first-time claims for unemployment insurance filed last week, down by 5,000 from the week before, the Employment and Training Administration says. Claims continue to run at their lowest pace since mid-2007. But job growth has not picked up enough yet to bring the nation's jobless rate below 7 percent.
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