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US Economic Growth Better Than First Thought

The U.S. economy grew a bit faster than first thought in the last few months of 2017, expanding at an annual rate of 2.9 percent, beating the earlier estimate by several tenths of a percent. Wednesday's report from the Commerce Department showed the improvement came in part from stronger consumer spending. The new figures are a routine revision made as more complete data becomes available. The fourth-quarter figures added to several quarters of solid growth which saw the...

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