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US economy Grew 2.0% in Third Quarter: Official

US economy Grew 2.0% in Third Quarter: Official

The US economy grew at an annual rate of 2.0 percent in the third quarter from the second quarter, the government said Friday in its first estimate for the July-September period.

The expansion was a bit stronger than the 1.9 percent expected by most analysts, and much better than the 1.3 percent gross domestic product growth in the second quarter.

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