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Economic Watch: GDP Growth Revised Upward, Auto Sales Shrink

UPDATED -- The U.S. gross domestic product increased at an annual rate of 4.2% in the second quarter of the year, according to a second estimate released Thursday by the U.S. Commerce Department -- its best pace since the third quarter of last year.

Economic Watch: September Auto Sales Slip

A more than two-year streak in U.S. auto sale gains came to an end in September, but don’t read too much into the decline, say analysts. Early estimates show new sales fell 4% in September compared to the same time a year ago, to a little more than 1.1 million vehicles.