The US economy wasn’t supposed to expand this much — or even at all — after so many rate hikes. But against all odds, the economy grew at an annualized rate of almost 5% last quarter, the ...
The US economy grew a stellar 4.9% from July through September, ... Last quarter’s robust GDP growth was far above the 2.1% growth rate in the April-to-June quarter. Despite inflation, ...
(Bloomberg) — The US economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months. Gross domestic product accelerated to a 4 ...
Total compensation paid to US workers grew at a faster pace than expected last quarter, pointing to ongoing momentum in the job market. The Employment Cost Index rose 1.1% in the third quarter ...
WASHINGTON, Oct 26 (Reuters) - The U.S. economy likely grew in the third quarter at its fastest pace of any quarter in nearly two years, again defying dire warnings of a recession, as higher wages ...
The US economy expanded at a remarkably strong pace in the third quarter, despite interest rates at their highest level in 22 years. Gross domestic product, a measure of all goods and services ...
The US economy grew at the fastest pace in nearly two years last quarter, fueled by a surge in consumer spending. Gross domestic product accelerated to a 4.9% annualised rate, more than double the ...
