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Wednesday, November 30, 2011
Released at 8:30 a.m. Eastern time
Real gross domestic product (GDP) advanced 0.9% in the third quarter, after declining 0.1% in the second quarter. Increased demand for exports led third quarter GDP growth. Final domestic demand slowed to 0.2%. On a monthly basis, real GDP by industry increased 0.2% in September.
Between September and October, the Industrial Product Price Index and the Raw Materials Price Index declined 0.1% and 1.2% respectively, as a result of a sharp decrease in the price of metals.
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