U.S. economic growth slowed to 2% in Q3

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Source: Dukascopy
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"We should see a little bit of a bounce in the fourth quarter"
- Nariman Behravesh, chief economist at IHS

U.S. economic growth slowed to 2.0 percent in the third quarter 2011 from 2.5 percent the quarter before, said the Bureau of Economic Analysis on Tuesday.

"We should see a little bit of a bounce in the fourth quarter, then growth will probably grind back down," said Nariman Behravesh, chief economist at IHS in Lexington, Massachusetts.

"The mix or composition of growth improved. Inventory investment was lower so firms are more likely to produce more goods going forward. And exports rose," said Cary Leahey, a senior economist at Decision Economics in New York.
"So while you lost a half percentage point in the revision to third-quarter growth, you might easily get it back in the fourth quarter of this year or the first quarter of next."
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