Growth of the U.S. economy in the third quarter amounted to 3,5%. Volume incentive program of the U.S. government allowed the country’s economy out of the very long and deep recession, with 30 years of the last century.
GDP growth in the third quarter was the first in the current year and the most significant in the past two years. Before reporting period, U.S. GDP has been declining steadily for four consecutive quarters. This was the first time since the Great Depression.
Compared with the same period last year, U.S. GDP fell by 2.3%.
GDP growth in the third quarter was the first in the current year and the most significant in the past two years. Before reporting period, U.S. GDP has been declining steadily for four consecutive quarters. This was the first time since the Great Depression.
Compared with the same period last year, U.S. GDP fell by 2.3%.
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