BEA Raises 3rd Quarter 2012 GDP Growth Estimate To 2.67%

In their second estimate of the US GDP for the third quarter of 2012 the Bureau of Economic Analysis (BEA) found that the economy was growing at a 2.67% annualized rate, an upward revision of +0.65% from the previously published first estimate for the quarter.

The improved headline number came exclusively from two sources: substantial [...]

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