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Squire provides complete and personalized tax management and planning solutions to meet your needs.

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Squire provides complete and personalized tax management and planning solutions to meet your needs.

Q1 GDP revised upward to 0.2% contraction

Gross domestic product shrank an annualized 0.2% in the first quarter, according to the Commerce Department, an upgrade from a 0.7% decline reported earlier. Poor weather, traffic disruption at West Coast ports, spending cuts in the energy sector and a strong dollar drove the contraction.