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U.S. growth is strongest in a decade
U.S. growth is strongest in a decade

The U.S. is rolling into the new year with impressive strength as plunging oil prices have ignited consumer spending and helped fuel the best stretch of growth in more than a decade — even as economies around the world are struggling. A basketful of mostly upbeat economic data Tuesday pushed financial markets to record highs, with the Dow Jones industrial average breaking through the 18,000-point barrier for the first time. Investors were spurred by a Commerce Department report that the U.S. economy expanded at a remarkable 5% annual rate in the third quarter, the fastest pace since 2003 and a far cry from the tepid growth that has plagued most of the recovery from the Great...

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