U.S. 3rd-quarter growth is revised upward

12/20/2012 | Wall Street Journal, The · Bloomberg Businessweek

The government's third-quarter growth figure for the U.S. economy was revised upward to 3.1% from 2.7%, but economists warn that the gain is likely to prove exceptional. Meanwhile, new data showed the number of Americans applying for initial jobless benefits was up slightly last week, indicating the labor market is extending its run of modest improvement.

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Wall Street Journal, The · Bloomberg Businessweek

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