Economic Growth, Quarterly Earnings | featured news

US 3rd-quarter economic growth revised down

U.S. economic growth was slower than previously estimated in the third quarter on a sharp drop in healthcare spending.

 

Economy in US Grew 2.5% in Third Quarter, Revised From 2%

Economy in US Grew 2.5% in Third Quarter, Revised From 2%

The U.S. economy grew more than previously calculated in the third quarter, led by stronger consumer spending and fueled by labor income gains that may stoke demand into 2011.

 

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