Larger inventory boosts U.S. Q3 economic growth to 3.6%

12/6/2013 | Bloomberg

The Commerce Department boosted its estimate of U.S. economic growth in the third quarter to 3.6%, from an initial 2.8%. Accumulating inventory accounted for almost half of the expansion, raising the possibility of a slowdown this quarter. Business investment was flat and consumer spending declined in Q3.

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