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US economy grows 2.8% in third quarter as consumer spending surge

IndiaTimes Wednesday, 27 November 2024
The US economy expanded by a solid 2.8% in the third quarter, fueled by consumer spending and exports. While growth slowed slightly, it marked the eighth quarter above 2% in the past nine. Despite this, incoming President Trump inherits an economy facing challenges from inflation and potential policy changes like tariffs and deportations.
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