Breaking: US economy grows by 2.0% in Q3 vs. 2.7% expected

The United States' Real Gross Domestic Product (GDP) expanded at an annual rate of 2.0% in the third quarter of 2021, the first estimate released by the US Bureau of Economic Analysis showed this Thursday. This marked a sharp deceleration from the 6.7% growth recorded in the second quarter and also missed consensus estimates for a reading of 2.7%.

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