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02 Feb
19:33

US GDP grows in fourth quarter

The US economy expanded at a 4% annualised rate during the fourth quarter, according to recent economic data by the US Bureau of Economic Analysis. In a breakdown of GDP investment, private fixed investment in both the US residential and non-residential sectors increased from the third quarter, Kallanish reports. Fixed private investment in non-residential structures increased from a quarterly loss of -17.3% in Q3 to 3% in Q4. However, private investment in both …
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