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United States
Abstract:Real GDP grew by 3.2% on an annualized basis in Q3, with final sales advancing a more modest 2.4% and inventories contributing a solid 0.8pp. Overall, the data was indicative of a 2–2.5% underlying pace of growth. We estimate Q4 growth of around 3.2% annualized, meaning the economy grew by 2.3% in 2017 as a whole.
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