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GDP Report Shows US Economy Still Strong, but Momentum Could be Slowing

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

It was mixed signals coming out of The Commerce Department’s fourth quarter real gross domestic product (GDP) report released Wednesday, with an upgrade to previous estimates but a deceleration from third quarter growth. There’s also been a decline in corporate profits. GDP increased at an annual rate of 2.9% in the fourth quarter of 2017,…

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