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Economy

US third-quarter growth unrevised; headwinds increasing

Updated : November 28, 2018 09:40 PM IST

Gross domestic product increased at a 3.5 percent annualized rate, the Commerce Department said on Wednesday in its second estimate of third-quarter GDP growth.
That was unchanged from its estimate in October and well above the economy's growth potential, which economists estimate to be about 2 percent.
US third-quarter growth unrevised; headwinds increasing

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