File - In this photo taken on Sept. 17, 2014, Elaine Timms, an employee of Phoenix of Anderson, sorts fabrics inside the company's warehouse in Williamston. S.C. (AP Photo/Anderson Independent Mail, Nathan Gray)
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The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.The economy shrank at a 2.1 percent rate in the first three months of the year due to a harsh winter.Many economists think full-year growth for 2015 will hit 3 percent, giving the economy the best annual performance since 2005, two years before the Great Recession began.For the third quarter, consumer spending grew at a solid 1.8 percent annual rate. Defense spending shot up at a 16 percent rate, the fastest advance since a 17.4 percent gain in the second quarter of 2009 .
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