Reported 27 days ago
Despite the challenges posed by the pandemic, the U.S. economy has shown remarkable resilience, growing faster than anticipated. Key factors include robust consumer spending and consistent hiring by employers, leading to a surprising annual growth rate of 2.8% in the third quarter. Economists express optimism about continued growth, as inflation stabilizes and the unemployment rate remains historically low, defying earlier predictions of an economic downturn.
Source: YAHOO