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Fourth-quarter GDP up 3.2% in US

January 30 2014

U.S. real gross domestic product rose at an annual rate of 3.2 percent in the fourth quarter, according to an advance estimate released by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP rose by 4.1 percent.

Leading the way was the biggest burst of consumer spending in three years and a snap-back in business investment, MarketWatch reports. To read the story, click here.

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