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US 3rd Quarter Economic Growth at 4.3%, Topping Expectations

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NEW YORK – US economic growth in the third quarter came in at 4.3 percent on an annualized basis, easily topping expectations, according to Commerce Department data released Tuesday.

The gross domestic product report — delayed for nearly two months due to the government shutdown — reflects increases in consumer spending, exports and government spending, partially offset by a decrease in investment, according to the department’s Bureau of Economic Analysis. (AFP)

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