U.S. economy rebounded to grow at record 33% rate last quarter

U.S. economy rebounded to grow at record 33% rate last quarter

Newsday

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WASHINGTON — The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses and threw tens of millions out of work.

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