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US economy slowed to a 2% rate last quarter in face of COVID

Summary
Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed to a 2% annual rate in the July-September period, the weakest quarterly growth since the recovery from the pandemic recession began last year.
10 months ago·Washington, United States

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WRAPUP 4-Delta variant, shortages severely restrict U.S. economic growth in third quarter

The U.S. economy grew at its slowest pace in more than a year in the third quarter as a resurgence in COVID-19 cases further stretched global supply chains, leading to shortages of goods like automobiles that slammed the brakes on consumer spending. The weaker-than-expected growth reported by the Commerce Department on Thursday also reflected decreasing pandemic relief money from the government to businesses, state and local governments as well…

10 months ago·Los Angeles, United States
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Reuters

Delta variant, shortages severely restrict U.S. economic growth in third quarter

The U.S. economy grew at its slowest pace in more than a year in the third quarter as a resurgence in COVID-19 cases further stretched global supply chains, leading to shortages of goods like automobiles that slammed the brakes on consumer spending.

10 months ago·United Kingdom
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USA Today

Economy grew just 2% in third quarter as COVID-19 raged, supply chain snags slowed deliveries

Gross domestic product grew 2% in third quarter as COVID-19's delta variant and supply-chain bottlenecks curtailed consumer and business spending.

10 months ago·United States
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abc News

US economy slowed to a 2% rate last quarter in face of COVID

Hampered by COVID-19 cases and supply shortages, the U.S. economy slowed sharply to a 2% annual growth rate in the July-September period, the weakest quarterly expansion since the recovery from the pandemic recession began last year

10 months ago·United States
Read Full Article
CNN

America's economic recovery hits a major roadblock

This summer, the American economic recovery hit a roadblock.

10 months ago·Atlanta, United States
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Associated Press News

US economy slowed to a 2% rate last quarter in face of COVID

WASHINGTON (AP) — Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed to a 2% annual rate in the July-September period, the weakest quarterly growth since the recovery from the pandemic recession began last year.

10 months ago·United States
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Bias Distribution

48% of the sources are Center
CNN
Raw Story
USA Today
abc News
Associated Press News
New York Times
The Washington Post
Los Angeles Times
+5
Reuters
IBTimes
CNBC
News24
RTÉ
The Hill
+15
MY Northwest
Boston Herald
Wall Street Journal
Business Live
justthenews.com
Washington Examiner
OAN
The Daily Caller
National Review
The Ohio Star
L 29%
C 47%
R 24%
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