U.S. Growth at Above-Forecast 3% on Consumers and Businesses
The U.S. economy expanded at a faster pace than forecast in the third quarter, indicating resilient demand from consumers and businesses even with the hit from hurricanes Harvey and Irma, Commerce Department data showed Friday. Highlights of Third-Quarter GDP (First Estimate) Gross domestic product grew at a 3% annualized rate (est. 2.6%) following a 3.1% […]