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U.S. housing sector gives economy a lift

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The recovering housing sector is giving the economy a boost, but is not delivering the kind of results that would be seen if the economy were more robust, according to a new government report on economic growth cited by the Wall Street Journal. The housing sector has positively contributed to the U.S. GDP for the past six quarters. In the third quarter alone, residential fixed investment accounted for a 0.33 percentage point growth in the [more]

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