Gross Domestic Product ― the measure of total U.S. output of goods and services from ocean to ocean ― contracted at a slower pace in the first quarter than originally reported, the Commerce Department said on Friday. Looking ahead, the nationwide contraction appears to be slowing. The Q1 report indicated that output contracted by an annual rate of 5.7% rather than the -6.1% originally reported. Improvements were seen in construction, inventories, foreign trade, and government spending. However, analysts...