Gross domestic product in the third quarter of 2023 increased at more than twice the rate of growth in the previous quarter, once again beating the odds of a recession, according to the Bureau of Economic Analysis . Real GDP increased at an annual rate of 4.9% for the July-through-September period after rising 2.1% in the second quarter this year, according to the BEA's advance estimate released Thursday. Economic forecasts had called for a 4.
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