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CONSUMER SPENDING and business investment in equipment blunted the negative effects of a growing trade deficit and a drop in the value of inventory in the fourth quarter. / BLOOMBERG NEWS

U.S. GDP grows below-forecast 2.6% on trade, inventory drags

WASHINGTON – The U.S. economy expanded at a slower-than-projected pace in the fourth quarter on drags from trade and inventories, offsetting strength in consumer spending...
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