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On Thursday, the Bureau of Economic Analysis will release data showing how strong the U.S. economy was during the first quarter. It’s expected to be good—very good—with real gross domestic product growing at an annualized 5.6% clip. The real number is likely to be even higher, with the Atlanta Fed’s GDPNow tool forecasting an 8.3% rise based on incoming data.
Such strength brings concerns about peaking growth. Just two weeks ago in this space, we highlighted the surge in the Institute for Supply Management’s manufacturing…