Third-quarter economic growth in the US expanded faster than expected, highlighted by a better-than-expected gross domestic product report, which showed that the U.S. economy grew at an annualized pace of 4.9% in the third quarter, led by strong consumer spending.

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Third-quarter economic growth in the US expanded faster than expected, highlighted by a better-than-expected gross domestic product report, which showed that the U.S. economy grew at an annualized pace of 4.9% in the third quarter, led by strong consumer spending.

Continue reading