WASHINGTON — The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, as government and consumer spending, as well as exports, all ...
With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...
Re “Economic growth surged in Q3” (Dec. 24): Don’t celebrate just yet. Two key factoids in that article are 1) consumer spending “constitutes roughly 70%” of the calculated economic growth and 2) ...