The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product report, which showed GDP rose by an annualized rate of 2.9%. That's an improvement from the initial government reading in October that showed 2.6% growth in economic activity, and better than the Refinitiv forecast of 2.7%. And it's a marked turnaround from economic contractions of 1.6% in the first quarter of the year and 0.6% in the second. CNN BREAKING NEWS You are receiving this newsletter because you've signed up to receive CNN Breaking News alerts.
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News Alert: The US economy's growth was stronger than expected in the third quarter
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