🦋bluesky first seen 1 d ago, last 1 d ago, peak #8
US economy grows 3.4% in third quarter
The United States economy expanded at a 3.4% annual pace in the third quarter, according to newly released figures. The reading points to continued resilience in consumer spending and business activity, and is drawing attention from economists and markets assessing whether growth can be sustained amid high interest rates and inflation concerns.
Why now: Fresh GDP data showing stronger-than-expected growth is fueling debate about the health of the US economy
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