Mmastodon BusinessEconomy first seen 14 h ago, last 10 h ago, peak #4

US economy grows 3.4% days before midterms

Original: With days to go before the midterms, data shows the U.S. economy is doing well GDP grew at an annual rate of 3.4% in the

New figures show the US economy grew at an annual rate of 3.4% in the third quarter, the last major economic readout before the midterm elections. The strong GDP number contrasts with ongoing public frustration over affordability, with many Americans still struggling with the cost of living. Commenters are weighing whether the healthy headline growth will sway voters or be overshadowed by price pressures at the ballot box.

Why now: The GDP report lands days before the midterm elections, making the economy a central campaign issue.

United StatesUS economymidterm elections

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• With days to go before the midterms, data shows the U.S. economy is doing well GDP grew at an annual rate of 3.4% in the third quarter in the last major read on the economy ahead of the midterm elections — but many Americans continue to struggle with affordability. 🔗… · news@na.social · 2

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