(Bloomberg) -- The U.S. economy expanded in the third quarter at a faster rate than previously estimated as consumers stepped up spending on services such as health care and companies invested more in software.
Gross domestic product climbed at a 4.1% annualized rate, the strongest since the final three months of 2011 and up from a previous estimate of 3.6%, Commerce Department figures showed today in Washington. The median forecast of 72 economists surveyed by Bloomberg projected a 3.6% pace after 2.5% in the second quarter.
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