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U.S. Economic Growth Accelerated in the Third Quarter

Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the pace is not expected to be sustained.

Lydia DePillis
Author: Lydia DePillis

Written by

Lydia DePillis

in

Commerce Department, Consumer Behavior, Gross Domestic Product, Interest Rates, Labor and Jobs, Savings, United States Economy
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