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Economic growth for 4th quarter of 2013 revised down from 3.2 to 2.5 percent

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The Bureau of Economic Analysis revised down its estimate of fourth quarter gross domestic product growth Friday, from 3.2 percent on an annual basis in the first estimate to 2.4 percent. Analysts expected a slightly smaller downward revision. The difference was mostly reductions in the BEA's estimates of consumer spending, business inventories added, government outlays, and exports. Business...

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