10.27.2011

How low the bar

No double-dip recession: U.S. GDP growth 2.5% in third quarter

In fact, it grew 2.5 percent at an annual rate between June and September, its highest rate in a year. That’s a significant improvement from the 0.4 percent growth rate in the first quarter and 1.3 percent in the second quarter, figures which had led to fears of a “double-dip.”

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