The U.S. economy grew more slowly during the first three months of the year, updated government data showed Thursday

The economy grew at a 1.6% annual rate in the first quarter, down from the initial reported pace of 2%.

The economy grew at a 1.6% annual rate in the first quarter, down from the initial reported pace of 2%.

The economy grew at a 1.6% annual rate in the first quarter, down from the initial reported pace of 2%.