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Manufacturing lifts CT GDP performance

Newly release statistics from the U.S. Bureau of Economic Analysis show that Connecticut’s 2.8 percent GDP growth in the final quarter of 2013 (its second best of the year) was largely due to contributions from nondurable goods manufacturing, wholesale trade, management of companies and information sectors.

The fourth quarter capped off a year in which GDP growth actually went negative in the second quarter. The state ended up with net GDP growth of 0.9 percent for the year.

That was just half the national average of 1.8 percent.

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