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GDP Up 3.2 Percent, Above Expectations

fleetnewsdaily | January 30, 2014

Courtesy of CNBC and Reuters: Gross domestic product grew at a 3.2 percent annual rate, the Commerce Department said, in line with expectations. While that was a slowdown from the third-quarter’s brisk 4.1 percent pace, it was a far stronger performance than earlier anticipated and was welcome news in light of a 0.3 percentage point […]

US Growth Hits Fastest Stride in Nearly 2 Years

fleetnewsdaily | December 20, 2013

Courtesy of Reuters: The U.S. economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product grew at a 4.1 percent annual rate instead of the 3.6 percent pace reported earlier this […]