Economy grows in 3Q, signals end of recession
By Associated Press
Thursday, October 29, 2009 -
Thursday, October 29, 2009 -
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ShareWASHINGTON — The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.
The Commerce Department report delivered the strongest signal yet that the economy entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.
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