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The U.S Economy Ho-ho-hums Along With Best Growth in 10 Years

By Clip Syndicate
Santa came a little early for businesses in the United States. Strong consumer spending boosted the country's economy in the third quarter of 2015, sending gross domestic product up at a 5% annual rate. That accounts for the best quarter since 2003. The economic report issued on Tuesday by the Commerce Department revised the previous report of 3.9% growth. Forward projections by economists predict a cooling in the fourth quarter to around 2.5%. In addition to the previous growth, there's also reason for optimism in 2015.

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