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US GDP Data to Show Temporary Boost from Summer-Spending Frenzy

US GDP Data to Show Temporary Boost from Summer-Spending Frenzy
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Americans Are Burning Through Their Extra Income

The U.S. economy is still growing, driven by robust consumer spending, in an environment of high prices and elevated borrowing costs.

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