Start United States USA — Political U.S. economy grew 2.6% in 3rd quarter: Commerce Department

U.S. economy grew 2.6% in 3rd quarter: Commerce Department

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The U.S. economy grew in the third quarter of this year due to trade fluctuations, new home construction and consumer and government spending, the Commerce Department said Thursday in the final major economic report before the midterm elections.
The Bureau of Economic Analysis said the gross domestic product increased 2.6% in July, August and September, but economists say the bump masks underlying economic weaknesses and will likely be a mirage.

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