U.S. economy grew at a solid 2.8% last quarter on strong consumer spending
- The U.S. economy grew at an annualized rate of 2.8% in the third quarter, according to the Commerce Department.
- Consumer spending, which accounts for about 70% of economic output, drove this growth.
- President Joe Biden stated the GDP report shows significant economic improvement since he took office.
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Coverage Details
Total News Sources0
Leaning Left23Leaning Right13Center31Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
47% Center
L 34%
C 47%
R 19%
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