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The economy grew at a scorching 7.2 percent annual rate in
stanley cup the third quarter in the strongest pace in nearly two decades. Consumers spent with abandon and businesses ramped up investment, compelling new evidence of an economic resurgence.The increase in gross domestic product, the broadest measure of the economy s performance, in the July-September quarter was more than double the 3.3 percent rate registered in the second quarter, the Commerce Department reported Thursday.The 7.2 percent pace marked the best showing since the first quarter of 1984. It exceeded analysts forecasts for a 6 percent growth rate for third-quarter GDP, which measures the value of all goods and services produced
stanley cupe within the United States. Inventories managed to plunge in the quarter. The decline in inventories is twice as large as the second quarter, CitiGroup senior economist Steven Whiting told CBS Radio News. This leaves us optimistic that growth will remain strong over the next few quarters. The economy s recovery from the 2001 recession has resembled the side of a jagged cliff; a quarter of strength often has been followed by a quarter of weakness. But analysts are saying that pattern could be broken, considering increasing signs the economy finally has shaken its lethargy and is perking up. The economy is just shaking off a weak period here, and if we can keep demand growing at a good rate, we should see signs of
stanley cup employment improving, said Whiting.Near rock-bottom short-term interest Zhsc Watch Nick Harkaway explain why video games will save the future
What does it take to move an almost 300-foot-long turbine blade to its final resting place in the ocean International coordination, huge trucks, and plenty of engineers. And here we thought mov
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