Third-quarter GDP increases at a 2.6% rate

  1. US economy returned to growth last quarter, expanding 2.6%

    U.S. economic growth rebounded strongly in the third quarter amid a shrinking trade deficit, but that overstates the economy's health as domestic demand was the weakest in two years because of the Federal Reserve's aggressive interest rate hikes.

    Region:
    USA
    Category:
    Economy
    US economy returned to growth last quarter, expanding 2.6%