U.S. Economy Grew at 2% Rate in Third Quarter - NYTimes.com
The United States economy grew at an annual rate of 2 percent in the third quarter, the Commerce Department reported Friday, as it struggles to gain any momentum for a sustained recovery....
“It’s the expected G.D.P. number, which is mostly bad news for the economy,” said Josh Bivens, an economist with the liberal leaning Economic Policy Institute. “The growth rate is just nowhere near enough to put downward pressure on unemployment.”
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