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Economic Activity

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The U.S. Commerce Department recently lowered its estimate of fourth-quarter real GDP growth from 4.7% to 3.9%. Still, the economy's end-of-year performance remained well about the third-quarter's 2.1% pace.

Suggested citation: “Economic Activity,” Federal Reserve Bank of Cleveland, Economic Trends, no. 97-03, pp. 08-09, 03.01.1997.

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