US GDP expands at a solid 2.8pc pace, helped by consumer spending
The report showcases the durability of an economic expansion that’s been tested by lingering price pressures, high borrowing costs and political uncertainty.
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 third-quarter economic growth unrevised at 2.8%
Gross domestic product increased at an unrevised 2.8% annualized rate, the Commerce Department's Bureau of Economic Analysis said in its second estimate of third-quarter GDP
Here’s a breakdown of how the US economy grew last quarter
The US 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 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 as inflation continued to cool.
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
U.S. GDP growth unrevised at 2.8% in Q3, consumer spending revised down
Stay updated on the latest developments in U.S. Q3 GDP with the second estimate showing a % Q/Q change from prior estimates.
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Real GDP vs. Nominal GDP: Which Is a Better Indicator?
Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.