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U.S. Economy Grew 3% in 2nd Quarter, Fastest Pace in 2 Years

Posted by admin on August 31, 2017
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The current recovery has entered its ninth year — long by economic standards — but it is showing some unexpected vigor.

The Commerce Department said on Wednesday that the economy had expanded at an annual rate of 3 percent in the second quarter of the year, better than initially estimated, and a substantial acceleration over the first quarter’s lackluster 1.2% pace.

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