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Commerce Department downgrades quarterly GDP estimate

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CBJ – Feb. 25 – The U.S. Department of Commerce has revised its gross domestic product estimate for the fourth quarter of 2010, putting the U.S. economy's growth down to just 2.8 per cent annually. That's down from a 3.2 per cent estimate from last month and below expectations, the department said.“The U.S. economy is continuing to expand, with increased growth at the end of

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