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Economy grows by only 0.6 percent in 1st quarter of 2008 (AP)

Customers shop at a supermarket in Chicago Tuesday, April 29, 2008. Consumer confidence fell for the fourth straight month because of heightened concerns about soaring inflation and the weakening job market. Wall Street is also worried that accelerating inflation could curtail consumer spending, which accounts for more than two-thirds of the U.S. economy. (AP Photo/Charles Rex Arbogast)AP - The bruised economy limped through the first quarter, growing at just a 0.6 percent pace as housing and credit problems forced people and businesses alike to hunker down.

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