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U.S. Fourth Quarter GDP Growth Unrevised At 2.2%

Economic activity in the U.S. grew at an unrevised rate in the fourth quarter of 2014, according to the final estimate released by the Commerce Department on Friday.

The report said gross domestic product increased by 2.2 percent in the fourth quarter, unchanged from the growth estimated last month.

Economists had been expecting the pace of GDP growth to be upwardly revised to 2.4 percent, which would still reflect a notable slowdown from the 5.0 percent growth seen in the third quarter.

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