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US economy grows at 2.8 pace in third quarter on consumer spending, unchanged from first estimate

The American economy expanded at a healthy 2.8 annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 27

Introduction

The American economy expanded at a healthy 2.8 annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.

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