US economic growth revised up
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The US economy was stronger than first thought in the three months to 30 September, revised figures show.
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US economic growth during the second quarter of the year was stronger than previously thought, the Commerce Department reported on Wednesday, partly because businesses
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The forecast came as the U.S. revised upward its estimate for third-quarter gross domestic product growth to a robust 3.9 percent from 3.7 percent.
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Increased spending by consumers and business helps US economic growth rise at a higher-than-predicted rate in the July to September period.
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The U.S. economy grew at a revised  5.6 percent annual rate in the first quarter as the fastest  pace of growth in 2-1/2 years generated robust corporate  profits, the Commerce Department said on Thursday.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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The US economy grew at a 4 percent annual rate from July through September, faster than previously estimated, suggesting an equally strong finish to the year.
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The U.S. economy grew at a stronger-than-expected pace in the final quarter of last year, boosted by robust spending and slowing inflation that more than offset the biggest decline in housing activity in 15 years, a government report on Wednesday showed.
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The US economy grew more quickly than previously thought in the three months to June, official figures suggest.
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The US economy is gaining momentum, bolstered by home building, shipping, and even the beleaguered manufacturing sector, the Federal Reserve said yesterday in a newly upbeat assessment.
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The US economy increased at an annual rate of 4 percent in the third quarter of this year following a rate of 3.3 percent in the previous quarter, the Commerce Department reported on We dnesday.
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The US economy grew at a 4 percent annual rate from July through September, faster than previously estimated, according to government figures that suggest the expansion may continue at a similar pace into 2005.
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The U.S. economy grew at a 2.9  percent annual pace in the second quarter, faster than  originally reported but less of an upward revision than  expected, as higher business investment offset a drop in  residential construction, a Commerce Department report showed  on Wednesday.
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The U.S. economy grew at a 2.9   percent annual pace in the second quarter, faster than   originally reported but less of an upward revision than   expected, as higher business investment offset a drop in   residential construction, a Commerce Department report showed   on Wednesday.
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U.S. business productivity grew at   an upwardly revised 1.6 percent annual rate in the second   quarter, the government said on Wednesday in a report that   showed worker compensation rising much more swiftly than   earlier estimates.
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WASHINGTON  - The US economy grew at a brisker-than-expected 4.0 percent annual growth pace in the third quarter, the government said, raising hopes for a solid 2005.
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The US economy grew at a strong pace of 4.0 percent in the second quarter, the government said Thursday in a revised estimate of gross domestic product for the April-June period.