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Showing for the start of a year in six years. We usually dont see First Quarter groelth this strong. Why did we see it . Powered by strong Business Investment, a decrease in exports. We also saw an increase in Consumer Spending as well. This was surprising because what we also saw was in the Fourth Quarter and into the first part of the First Quarter, we saw a big drop off of Consumer Spending and then it bounced back. Retail Sales Numbers were strong in march. We knew the consumer came back. That was despite this historic government shutdown. That productivity we lost in the government shutdown, you cant get that back. Okay. Interest rates. How do they factor in . Of course, the president has been involved in a public battle with the federal reserve, almost browbeating the fed into changing its Interest Rate outlook to help sustain Economic Growth. With political implications a factor . All of this is a factor. You look at sort of roll back the calendar to december, the worst december

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