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applegrove

(118,696 posts)
Fri Oct 28, 2016, 06:23 PM Oct 2016

U.S. Economic Growth Accelerates

U.S. Economic Growth Accelerates

https://politicalwire.com/2016/10/28/u-s-economic-growth-accelerates/

"SNIP...........


“U.S. economic growth accelerated last quarter, easing fears of a near-term slowdown but doing little to change the trajectory of a long but weak expansion,” the Wall Street Journal reports.

“Gross domestic product expanded at a 2.9% annual rate in the third quarter, the Commerce Department said. That was stronger growth than the second quarter’s pace of 1.4%. Economists surveyed by The Wall Street Journal expected growth at a 2.5% pace for the July-to-September period. Last quarter’s growth rate was the fastest recorded in two years.”


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U.S. Economic Growth Accelerates (Original Post) applegrove Oct 2016 OP
2.9% is great growth for a mature economy like the USA. This is good applegrove Oct 2016 #1
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