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ECONOMICS COMMENTARY Jan 30, 2014

US GDP grows 0.8% in final quarter of 2013 in broad-based expansion

The US economy grew by 0.8% in the final quarter of 2013, down from 1.0% in the third quarter. In annualised terms, growth slowed from 4.1% to 3.2%. The further expansion takes the economy 6.5% above its pre-crisis peak.

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