US economy performance better than expected; expansion in 2012 was 2.8%

Wednesday, July 31st 2013 - 16:38 UTC

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The US economy grew at an annualised pace of 1.7% in the second quarter of the year, the Commerce Department has said. That was a faster pace than expected by economists. It was also up from the growth rate for the first three months of 2013, which was revised lower to 1.1% from 1.8%. Read full article

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Anglotino
That new paradigm that we kept hearing where the BRICS were going to keep on growing in a straight line and overtake everyone else and the west and the US was only going to decline with no growth and crippling debt......

How exactly is that going now?
Jul 31st, 2013 - 05:22 pm - Link - Report abuse 0
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Ayayay
Look at that. A financially sane , humongous sequester and a healthier economy. We DID get a new kind of world post-2012.
Aug 01st, 2013 - 02:08 am - Link - Report abuse 0
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