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The Independent UK
The Independent UK
National
Paul Wiseman

US economic growth for last quarter is revised up to a 5.2% annual rate

Copyright 2023 The Associated Press. All rights reserved

Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported Wednesday in an upgrade from its previous estimate.

The government had previously estimated that the economy grew at a 4.9% annual rate last quarter.

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