✉news BusinessEconomy first seen 1 d ago, last 14 h ago, peak #5
US Economy Grows 3.4%, Beating Expectations
Original: US Economy Grows a Faster-Than-Expected 3.4%, Most in a Year
The US economy grew at a faster-than-expected 3.4% pace, the strongest growth in a year. Economists had forecast a slower figure, and the better-than-expected reading is being read as a sign the economy remains resilient despite high interest rates, fueling debate over whether a soft landing can be sustained.
Why now: Fresh GDP data beat forecasts, prompting discussion about the resilience of the US economy.
United StatesUS economyBloomberg
Evidence
- US Economy Grows a Faster-Than-Expected 3.4%, Most in a Year · Bloomberg.com
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