U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated
Written by Black Hot Fire Network on November 29, 2023
The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of a better than expected business investment and stronger government spending, the Commerce Department reported Wednesday.
Gross domestic product, a measure of all goods and services produced during the three-month period, accelerated at a 5.2% annualized pace, the department's second estimate showed. The acceleration topped the initial 4.9% reading and was . . .
