NEW YORK (Reuters) - The U.S. economy is expanding at a 2.7 percent annualized rate in the fourth quarter as data showed the U.S. trade deficit jumped to a 10-year high in October, the Atlanta Federal Reserve's GDPNow forecast model showed on Thursday.
This was a tad slower than the 2.8 percent pace for fourth-quarter gross domestic product that the Atlanta Fed's GDP program calculated on Monday.
(Reporting by Richard Leong)
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