Photo: Shoppers make their way down Fifth Avenue in New York City on December 27, 2021. Photographer: Victor J. Blue/Bloomberg Shoppers make their way down Fifth Avenue in New York City on December 27, 2021. Photographer: Victor J. Blue/Bloomberg.

The government's two main measures of U.S. economic activity posted strong advances at the end of last year, pointing to an economy that's still expanding at a healthy clip.

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