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Page added on November 30, 2005

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Fast US growth outstrips estimate

US economic growth accelerated to an annual rate of 4.3% in the three months from July to September, according to revised Commerce Department figures.

In its first estimate, the department had said quarterly growth was 3.8%.

There had been fears that the cost of rebuilding after hurricanes Katrina and Rita, coupled with record oil prices, would slam the brakes on growth


BBC



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