The picture won’t be pretty for third-quarter economic growth, but it should get better

(CNBC) The U.S. economic recovery slowed sharply in the previous three months, as products remained stranded at normally bustling ports, employers struggled to find workers and consumers battled with rising prices. When the Commerce Department releases Thursday its first estimate for third-quarter annualized gross domestic product growth, it likely will show an increase of just 2.8%, according to Dow Jones estimates.

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