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International Business Times: U.S. GDP Growth Rate Forecast: 3% in Q4 on Consumer Spending, Q1 Likely Weaker

January 24, 2012

...Perhaps the best news in the fourth-quarter GDP report will be the pickup in housing construction, which is a leading economic indicator. "It's not huge, but it's better than it's been,"said Richard Green, director of the USC Lusk Center for Real Estate.

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