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US Economic Activity Rebounds Sharply in Q3

Adel 29 October, 2020 5:56 pm Breaking News, Market Update

The United States’ Real Gross Domestic Product (GDP) expanded at an annual rate of 33.1% in the third quarter, the US Bureau of Economic Analysis’ advance estimate showed on Thursday. This reading came in better than the market expectation of +31% and followed the 31.4% contraction recorded in the second quarter.

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