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US Economy Grows Faster Than First Thought

The U.S. economy grew at a faster pace than first thought at the end of last year. Friday's report from the Commerce Department says 2015's fourth quarter saw the gross domestic product expand at a one percent annual rate. Experts initially put the GDP growth rate a bit slower than that, and this estimate is a routine revision based on more complete data. For all of 2015, the U.S. economy expanded by 2.4 percent. Many analysts say U.S. growth will probably speed up later this...

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