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U.S. economy grows 4 percent in third quarter GDP upshift
The Commerce Department revises Q3 GDP to 4.0 percent, led by inventory buildup and stronger government spending. New home sales in October fall 4.5 percent to 1.01 million annual rate, marking a record month pace despite declines in the Northeast and Midwest. Economists warn of a potential winter slowdown.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
United States
Midwest
Iraq
National Association For Business Economics
NABE
Federal Reserve
Bush