US Data: GDP Grows 4.9%, Jobless Claims Rise to 210K

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Bloomberg Television published this video item, entitled “US Data: GDP Grows 4.9%, Jobless Claims Rise to 210K” – below is their description.

The US gross domestic product accelerated to a 4.9% annualized rate, more than double the second-quarter pace, topping estimates. Personal spending also grew 4%. Jobless claims rose to 210,000. Bloomberg’s Michael McKee reports.

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