US economy grows 2.8% in third quarter as consumer spending surge

The US economy expanded by a solid 2.8% in the third quarter, fueled by consumer spending and exports. While growth slowed slightly, it marked the eighth quarter above 2% in the past nine. Despite this, incoming President Trump inherits an economy facing challenges from inflation and potential policy changes like tariffs and deportations.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ygHqkz9
https://ift.tt/iAwLk5h

Post a Comment

0 Comments