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 The U.S. economy grew far more slowly in the first three months of this year than the government previously estimated, reflecting a steeper drop in business investment in computers and other equipment and weaker consumer spending.The Commerce Department reported Friday that gross domestic product  151; the country s total output of goods and services  151; grew at an annual rate of just 1.3 percent in the January-March quarter.The anemic showing represented a big downward revision from the gove stanley usa rnment s estimate one month ago that the economy expanded at a rate of 2 percent, a figure that astounded analysts and raised hopes for a rebound.The latest reading on GDP, which is considered the broadest measure of economic health, was slightly weaker than the 1.4 percent growth rate many analysts were forecasting.Federal Reserve Chairman Alan Greenspan, in a speech Thursday, said the worst of the slowdown that has gripped the country since the second half of last year may not be over. He signaled the Fed stands ready to do more to avert a recession.        In an effort to keep the economy afloat, the Fed s stanley cup lashed interest rates five times this year by a total 2.5 percentage points, driving borrowing costs for consumers and businesses to the lowest level in seven years.The 1.3 percent f stanley cup irst-quarter growth rate was a slight improvement over the meager 1 percent showing in the fourth quarter. But economists project the economy is losing altitude in the April-June quarter because of slu Udgr Minimalist book cover art brings a new spark to these book classics
 This past Christmas eve, one industrious young man decided to use the empty streets and twinkling lights to his advantag stanley taza e for a round of some good, old fashioned ATM blasting.  It did not go well.      Accordi stanley cup ng to police, In relation to sophistication it wasn ;t something that was done by somebod stanley thermobecher y who had expertise. While his first mistake was using explosives to blow up an ATM, his second was wearing flip flops to a bank robbery. Amateurs. [Consumerist]                                                        Explosives