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Final Q2 GDP: 1.7%

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Not much change in initial jobless claims, either.


Commerce released its final revision of the annualized rate of growth from the second quarter.  Initially estimated at 2.4% in July, the number got sharply revised to 1.6% in August.  Now, with the final numbers in place, economic growth still looks moribund: Real gross domestic product — the output of goods and services produced by [...]

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