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Inventory Accumulation Boosts Real GDP Growth In The Fourth Quarter

Inventory Accumulation Boosts Real GDP Growth In The Fourth Quarter

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Real gross domestic product increased at a 6.9 percent annualized rate in the fourth quarter, up from a 2.3 percent pace in the third quarter. Business fixed investment increased at a 2.0 percent annualized rate in the fourth quarter of 2021, contributing 0.28 percentage points to final growth.

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