U.S. GDP booms at historic 33.1% rate

MacDailyNews
Oct 29, 2020, 9:27 am360 pts
U.S. GDP accelerated at a 33.1% annualized pace in the third quarter, the Commerce Department reported Thursday in its initial estimate for the period, outpacing expectations. A surge in business and residential investment along with stronger consumer activity helped the economy off its COVID-19-decimated…

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