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US economy surprises with faster than expected growth
by Natalie Sherman, Business reporter, New York
BBC News Translate This Article
25 January 2024
On 25 January 2024 BBC News reported:
The US economy grew faster than expected in the final months of last year, driven by robust household and government spending. ...Many economists had expected households to cut back spending as prices eroded their budgets and for business activity to cool in the face of more expensive borrowing costs, warning of the risks of a downturn, or recession. But that scenario has not materialized ...
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