Dow Jones Newswires (01/27/12) Josh Mitchell
The U.S. economy grew at its fastest pace in more than a year and a half in the final three months of 2011, signaling a stronger recovery took hold despite troubles in other parts of the world. The U.S. economy grew 2.8% in the final three months of 2011, propelled by increases in consumer spending and business inventories, according to data from the U.S. Commerce Department. Economists surveyed by Dow Jones Newswires expected 3.0% growth.
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