U.S. economic growth picked up in the third quarter, boosted by stronger consumer spending, an improving housing sector and increased defense spending.
Gross domestic product, the broadest measure of the nation's economic health, grew at an annual rate of 2% from July to September, the Commerce Department said Friday, faster than the 1.3% rate in the second quarter.
GDP Report: U.S. economy grew 2% in third quarter - Oct. 26, 2012
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Seeded on Fri Oct 26, 2012 3:55 PM
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