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TechFlow, Dec 23 — Supported by resilient consumer and business spending as well as more stable trade policies, the U.S. economy expanded at its fastest pace in two years during the third quarter. According to a report released Tuesday by the U.S. Bureau of Economic Analysis, real GDP grew at an annualized rate of 4.3% in the third quarter, following a 3.8% growth in the previous quarter, both periods bolstered by household spending. (Jinshi)
Supported by resilient consumer and business spending as well as more stable trade policies, the U.S. economy expanded at its fastest pace in two years during the third quarter. According to a report released Tuesday by the Bureau of Economic Analysis, the U.S. real GDP annualized quarterly growth rate for Q3 came in at 4.3% in initial inflation-adjusted figures, following a 3.8% growth rate in the second quarter, which was also driven by household spending. (Jin10)
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