CNN Money: U.S. economy only grows 1.5% as global slowdown hits

CNN Money reports on new figures from the Commerce Department that show economic growth slowed a lot from the 3.9% pace recorded in the second quarter this year and is also much lower compared to the third quarter of 2014, when the economy grew 4.3%.

The global economic slowdown and strong U.S. dollar are weighing down American manufacturing, trade and exports.

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