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US economy grew at 2.7 percent rate in summer

Published 11/29/2012, The Jamestown Sun

WASHINGTON (AP) — The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty about looming tax increases and government spending cuts.

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