US GDP growth revised up to 2.1% pace in third quarter
The improvement in the US's economic data further diminishes the risks of recession in the near term
27 November 2019 - 19:21
Washington — US economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment could be drawing to a close.
The economy’s prospects were further brightened by other data on Wednesday showing consumer spending rising steadily and the number of Americans filing claims for unemployment benefits dropping last week after being stuck at a five-month high for two straight weeks...
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