US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
US economy holds firm on consumer spending
US consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter (4Q), but progress on lowering inflation appears to have stalled in recent months.
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending and steady business investment.
US economy grows 2.8% in third quarter as consumer spending surge
The US economy expanded by a solid 2.8% in the third quarter, fueled by consumer spending and exports. While growth slowed slightly, it marked the eighth quarter above 2% in the past nine. Despite this,
US Economy Posts Solid 2.8 Percent Growth in Q3, Consumer Spending Leads
The U.S. economy grew at an annualized 2.8 percent pace in the third quarter, driven by strong consumer spending and rising exports, according to revised data released by the Commerce Department. Though slightly slower than the previous quarter's 3 percent growth,
U.S. Economic Growth Unrevised At 2.8% In Third Quarter
The jump by U.S. economic activity in the third quarter was unrevised compared to the previous estimate, according to a report
US Economy: GDP Grows at 2.8%, Jobless Claims Fall
Let's start with initial jobless claims. 213,000 that is down from a revised 215 was 213 last week. So basically no change. The forecast was for 215. So we come in still low. No layoffs. Everybody can give thanks.
US economy grows 2.8% in Q3
The American economy expanded at a healthy 2.8-percent annual pace from July through September on strong consumer spending and a surge in exports, the government said on Wednesday, leaving unchanged its initial estimate of third-quarter (Q3) growth.
US economy grows at 2.8% pace in Q3 on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
Third-Quarter Economic Growth Unrevised, Consumer Spending Unexpectedly Downgraded
The US economic growth rate in the third quarter held steady with an initial forecast, while consumer spending saw a surprise downward revision, according to a second estimate released Wednesday by the Bureau of Economic Analysis.
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