The U.S. economy grew at a 3.9 percent annual rate in the third quarter, slightly faster than the 3.7 percent estimated a month ago, the Commerce Department reported.
The revisions to real gross domestic product (GDP) were largely due to higher exports, consumer spending, and business investments, which were offset by lower inventory building. Economists were predicting a revision to about 3.8 percent. The core personal consumption expenditure price index rose an unrevised 0.7 percent. (CBS.MW)
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