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LATEST US DATA
Q3 economic growth fastest in 3 years
US notches 3.3% expansion in GDP in the quarter, boosted by govt spending, increase in investment
Economists see a modest boost to growth from efforts by Mr Trump and his Republicans in Congress to push through a package of tax cuts, including slashing the corporate income tax rate to 20% from 35%.
PHOTO: AFP
Washington
THE US economy grew faster than initially thought in the third quarter, notching its quickest pace in three years, as increases in business investment in inventories and equipment offset a moderation in consumer spending.
Gross domestic product (GDP) expanded at a 3.3
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