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U.S. economy returned to growth last quarter despite surging inflation

Por: CBS News Politics October 27, 2022

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The U.S. economy grew at a 2.6% annual rate from July through September, the government said Thursday — a strong rebound after the nation's gross domestic product shrank in the first two quarters of the year.The resurgence comes as consumers and businesses are grappling with searing inflation and as rising interest rates rapidly cool the housing market. And the outlook for the world economy grows bleaker the longer that Russia's war... + full article



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