U.S. output rose above expectations in Q3

Source: RTT News
© Scanpix/FP
Outlook of U.S. economy growth in the third quarter improved as consumer spending rose more than originally estimated, the Commerce Department reported on Thursday. Final estimate of gross domestic product expansion by the Commerce Department shows the growth of 3.1% in the Q3 compared to previously forecast 2.7%, while economists expected upward revision to 2.8%.

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