Consumer spending impact: US economy clocks 4.4% growth in Q3; fastest pace in two years
Consumer spending impact: US economy clocks 4.4% growth in Q3; fastest pace in two years
The US economy experienced its fastest growth in two years during the July-September quarter, fueled by strong consumer spending and a surge in exports. Despite this robust GDP expansion, job creation remained subdued, and persistent concerns over the high cost of living continue to impact public confidence.
The US economy experienced its fastest growth in two years during the July-September quarter, fueled by strong consumer spending and a surge in exports. Despite this robust GDP expansion, job creation remained subdued, and persistent concerns over the high cost of living continue to impact public confidence.