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U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous ... Read More
U.S. economic growth revised up to 3.1% in third quarter
The U.S. economy grew at a 3.1% annualized pace in the third quarter — stronger than previously thought, the Commerce Department said on Thursday. Why it matters: The revision suggests 2024 was yet ... Read More
US third-quarter economic growth revised higher
The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending. Gross domestic product increased at an upwardly revised 3.1% annualized rate, the ... Read More
Economy was even stronger than it looked in the third quarter, GDP shows. Thank consumers.
The shocking strength of the economy helps explain the Federal Reserve Scrooge-like plans for interest rate cuts next year. And the latest update on GDP over the summer offers another reminder. Read More
Third-quarter GDP marked higher, jobless claims ease as US economy flexes muscle
Third-quarter gross domestic product (GDP) was revised higher Thursday following a substantially stronger projection for U.S. economic performance released Wednesday by the Federal Reserve. GDP ... Read More
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