The United States economy grew at a slower pace in the three months ending September, as a wave of COVID-19 cases, supply chain bottlenecks, surging inflation and ebbing federal financial lifelines downshifted the pace of the nation’s economic recovery.US gross domestic product (GDP) which measures the value of goods and services produced by the economy, grew 2 percent in the third quarter from the same period a year ago, the US Department of Commerce said on Thursday.That initial reading marked a sharp slowdown from the second quarter when GDP adjusted for inflation grew 6.7 percent. The third-quarter headline number also fell short of many analysts already curbed expectations.
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