U.S. Economic Outlook: Quarterly developments

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U.S. Economic Outlook: Quarterly developments

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The U.S. second-quarter GDP growth was revised up to a 1.4% inflation-adjusted annual rate in the third and final estimate released by the Department of Commerce on September 29, following the first quarter’s 0.8% pace. Despite the upward revision, the growth rate for the first half of the year is just above 1%.


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