Washington, Dec 19, 2024 (AFP) - US third quarter GDP revised up on consumer, export boost

NAMPA / AFP

2024-12-19

The US economy expanded faster than originally estimated in the third quarter, according to government data released Thursday, despite analysts' expectations that growth would remain unchanged. The world's biggest economy grew at an annual rate of 3.1 percent in the July-September period, up from earlier estimates of 2.8 percent, the Commerce Department said. This was due to "upward revisions to exports and consumer spending," the report said, al......

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