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23 May 2024
United States: Economic growth in the third quarter of 2024
The United States has achieved significant economic growth in the third quarter of 2024, thus moving away from concerns of a possible recession. According to the Department of Commerce, the country's Gross Domestic Product (GDP) has seen an increase of 5% compared to the same period last year. This growth rate is the highest in almost two years and more than doubles the growth of the previous quarter, which was 2.1%.
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