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Economy

Economic Revival Shown Less Robust

Updated Nov. 25, 2009 12:01 a.m. ET

The U.S. economy's third-quarter rebound was more tepid than originally believed, the government said, though Federal Reserve officials slightly marked up their expectations for growth this year and in 2010.

The nation's gross domestic product -- the value of U.S. output of goods and services -- grew at a 2.8% annual rate in the third quarter, adjusted for inflation, the Commerce Department said, lowering the 3.5% estimate it made...

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