Economy Posts Strong First Quarter Growth Amid Slower Start
The economy expanded at a robust pace in the first quarter, beating the preliminary 4.1 percent annual growth estimate for late 2003. Analysts see continued growth into spring, though higher energy costs could temper momentum. Core inflation rose to 1.7 percent in the quarter, signaling a modest pickup from the prior period.
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Inmate Population Rises in United States Prisons
The Justice Department report shows America's inmate population reached almost 2.1 million in 2003, up 2.9 percent. Prison growth stems from tough-on-crime laws, with 68 percent of inmates from minority groups and women up 5 percent. Local jails hold 691,301 inmates as states vary in changes.
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Dietary panel urges more fish and exercise to curb weight
The Dietary Guidelines Advisory Committee urged doubling omega-3 rich fish servings to two weekly six to eight ounce portions and promoted portion control calorie counting and increased activity to fight overweight and obesity while noting the need for another meeting to finalize recommendations.
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Mortgage rates rise for 30 and 15 year terms
Freddie Mac reports 30 year fixed rates at 6.32 percent and 15 year at 5.69 percent. Both benchmarks exclude points with an average 0.6 point fee. Analysts expect rates to drift higher into year end, with projections up to 6.6 percent.
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