U.S. Economic Growth Blows Past Expectations, Accelerates In Third Quarter

Strong Bullish 90.3
WASHINGTON, Dec 23 (Reuters) – The U.S. economy grew faster than expected in the third quarter, driven by robust consumer spending. Gross domestic product increased at a 4.3% annualized rate last quarter, the Commerce Department’s Bureau of Economic Analysis said in its initial estimate of third-quarter GDP on Tuesday. The economy grew at a 3.8% ...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.