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Economic Growth Data Expected to Improve

  • 11-28-2016
On Tuesday, at 8:30 a.m., the Commerce Department will release its updated estimate of economic growth in the third quarter. The revision is expected to show a slight increase, with the estimate rising to 3 percent from an initial figure of 2.9 percent. In addition, the government will provide an estimate of corporate profits in the quarter, which could show an increase, lifted by a recovery in energy prices and continued tech and retail spending. Nelson D. Schwartz

Source: NY Times