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GDP rose a better-than-expected 1.9% in Q3, thanks to consumers

The Commerce Department said Wednesday that economic activity grew at an annualized rate of 1.9% in the third quarter, down slightly from the 2% pace in the second quarter. Economists polled by Dow Jones had expected the first look at third-quarter economic growth to come in at 1.6%.

via www.cnbc.com

Oof. Creeping towards recession.