Strong Economic Growth Reported
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The gross domestic product expanded at an annual rate of 4 percent in the April-June quarter, significantly higher than the government had estimated, the Commerce Department said.
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High Street sales saw their strongest growth last month since mid-2006 despite recent rate rises, a report says.
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Increased spending by consumers and business helped US economic growth rise at a higher-than-predicted rate in the July to September period.
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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 U.S. economy grew at a stronger  pace than expected in the final quarter of 2006 without raising  inflation pressures, government data showed on Wednesday, as  robust consumer spending more than offset the biggest slump in  housing in 15 years.
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Strong business investment and higher exports drove the U.S. economy ahead at a robust 4 percent annual rate in the second quarter, before the onset of turmoil in credit markets that is expected to brake growth.
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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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NEW YORK -- A closely watched measure of future economic activity rose for a second consecutive month in December, pointing to sustained, gradual growth.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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The economy -- helped out by more brisk consumer and business spending -- grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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There's more to growth than just a high growth rate.
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The economy &#151; helped out by more brisk consumer and business spending &#151; grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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The U.S. economy shot forward at an  upwardly revised 5.3 percent annual rate in the first quarter,  the fastest growth in 2-1/2 years, as companies built up  inventories and exports strengthened, a Commerce Department  report on Thursday showed.
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US consumers delivered good news to the economy on Thursday, as data for July showed spending on goods and services was growing more quickly than at any time this year.
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The U.S. economy is showing signs of  faster growth, according to reports released on Monday on the  Midwestern and New York City economies and U.S. personal  income.
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Growth in the service sector rose unexpectedly in June, while the job market also appeared to pick up some steam, according to reports on Thursday that signaled strength in the economy.