U.S. economy grew at 2.7 percent rate in summer

  • By MARTIN CRUTSINGER
    Associated Press
  • Thursday, November 29th, 2012
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AP photo Vice President Joe Biden smiles as he makes a call on the cell phone of Costco employee Ivey Stewart, left, after shopping at the a Costco store in Washington, D.C. Consumer spending grew at a rate of 1.4 percent in the third quarter.

AP photo Vice President Joe Biden smiles as he makes a call on the cell phone of Costco employee Ivey Stewart, left, after shopping at the a Costco store in Washington, D.C. Consumer spending grew at a rate of 1.4 percent in the third quarter.