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LATEST US DATA

Economy expands at 2.2% pace in 4th quarter

For all of 2014, growth was 2.4% from the year before, the most since 2010
Saturday, March 28, 2015 - 05:50

Washington

THE US economy expanded at 2.2 per cent annualised pace in the fourth quarter, led by the biggest gain in consumer spending in eight years.

The revised increase in gross domestic product, the value of all goods and services produced, matched the Commerce Department's