Reported about 6 hours ago
The US economy expanded at an annual pace of 2.8% in the third quarter, driven by solid consumer spending and increased exports, according to a government report. This growth matches initial estimates and reflects a steady economic performance amid high prices that influenced voters to elect Donald Trump for economic reform. Consumer spending surged to a 3.5% rate, although business investment has slowed, especially in housing. The economy continues to show resilience, with low unemployment and falling inflation rates.
Source: YAHOO