WASHINGTON -- U.S. economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset further declines in government spending that are expected to drag on growth throughout the year.
U.s. Economy Grows At 2.5% Rate In 1st Quarter
Los Angeles Times - Top News, Los Angeles Times
Fri, 04/26/2013 - 5:34am
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- US Economy Grows 3.1% in Q3 Thanks to Consumer Spending Boom
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The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous ...
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Third-quarter growth in U.S. gross domestic product — the economy’s output of goods and services — accelerated from the April-July rate of 3% and continued to look sturdy despite high interest rates, ...
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