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Q3 GDP estimate gets a slight upgrade to 33.4% growth

by Paul Wiseman
| December 23, 2020 12:06 AM

WASHINGTON (AP) — The U.S. economy expanded at a record 33.4% annual pace from July through September, the Commerce Department said Tuesday, delivering the last of three estimates on the economy’s third-quarter performance. But it's likely that a resurgence in coronavirus cases slowed growth sharply during the last three months of 2020.

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