US revises up last quarter’s economic growth to 2.9% rate
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84 Articles
US revises up last quarter's economic growth to 2.9% rate
WASHINGTON (AP) — Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate. Last quarter's rise in the U.S. gross domestic product — the economy’s total output of goods and services — followed two straight quarters of contraction. That decline in output had raised fears that the economy might have slippe…
US revises up last quarter’s economic growth to 2.9% rate - The Record Herald
WASHINGTON (AP) — Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate. Continue reading at RecordHerald.com.
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