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Ballestas Group

U.S. Economy Beats Expectations with 5.2% Growth in Q3

The U.S. economy grew even faster than expected in the third quarter, according to revised data released this week. Gross Domestic Product (GDP) increased 5.2%, up from an initial reading of 4.9%. There were upward revisions to capital spending, residential investment and government spending, and downward revisions to consumer spending.


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