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US Economic Growth Slows to 1.5 Percent

U.S. economic growth slowed in July, August and September, expanding at an annual rate of just 1.5 percent. Thursday's report from the Commerce Department showed the gross domestic product expanded at less than half the rate of the previous quarter, as consumer and business spending slowed. GDP measures all the goods and services produced in a nation and is the broadest measure of national economic health. Other new data show pending home sales declined in September, perhaps...

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