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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: TraderMann who wrote (11910)10/29/2010 11:06:17 AM
From: TraderMann   of 152591
 
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Breaking News Alert: U.S. GDP grew at 2% annual rate in 3Q
October 29, 2010 8:48:08 AM
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Economic growth accelerated a bit late this summer, according to new government data, even as the nation remained stuck in a pattern of economic expansion that is too slow to bring down joblessness.

Gross domestic product expanded at a 2 percent annual rate in the July through September quarter, the Commerce Department said Friday, matching economists’ forecasts. That was a slight improvement from the 1.7 percent growth rate of the second quarter and the fifth straight quarter of expansion.

link.email.washingtonpost.com
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