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Current dollar GDP increased 13.2% at an annual rate, or $693.2 billion, in the second quarter to a level of $22.7 trillion.
Ace's new retail support center will occupy more than 1-million-square feet and bring more than 400 jobs to the area.
The former Micron Technology CFO will serve on the Avnet board’s audit and finance committees.
The decrease, down following two consecutive monthly increases, followed a 0.8% June increase.
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