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Strong consumer spending, surge in soyabean exports boost Q3 economic performance

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The United States economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soyabean exports.

Washington

THE United States economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soyabean exports.

Gross domestic product (GDP) increased at a 3.2 per cent annual rate instead

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