PANews reported on December 23 that the U.S. economy expanded at its fastest pace in two years in the third quarter, supported by resilient consumer and businessPANews reported on December 23 that the U.S. economy expanded at its fastest pace in two years in the third quarter, supported by resilient consumer and business
The U.S. economy expanded at a rate of 4.3% in the third quarter, the fastest pace in two years.
PANews reported on December 23 that the U.S. economy expanded at its fastest pace in two years in the third quarter, supported by resilient consumer and business spending and a more stable trade policy. The Bureau of Economic Analysis reported Tuesday that the initial estimate for annualized real GDP growth in the third quarter, adjusted for inflation, was 4.3%, compared to 3.8% in the second quarter, also supported by household spending.
Previous reports indicated that the initial estimate of US third-quarter GDP exceeded expectations, while core PCE met expectations .
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