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Wednesday, January 17, 2018

AMERICAN ECONOMY: 107 MONTHS OF CONTINUED GROWTH

America's economy began its 107th month of growth, beating the previous record set in the 1960s.

GDP for the fourth quarter grew at an annualised rate of 5.8%. The National Association of Purchasing Management index showed growing production, employment and orders; and consumers raised spending by 0.8% in December over the previous month.