Gross Domestic Product, Double-dip Recession | featured news

Economy grows at 2.5% in third quarter, easing recession fears

Economy grows at 2.5% in third quarter, easing recession fears

The economy grew at an annual rate of 2.5% in the three months ending Sept. 30, the government reported, easing fears that the nation would fall into a second recession but still too slow a pace to cut significantly into the high unemployment rate.

Senh: At least we're not heading into another recession. Any growth is good right now.

 

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