US Economy Surges with 5.2% Growth in Third Quarter
TL;DR Summary
The US economy grew at an annualized rate of 5.2% in the third quarter, surpassing the initial estimate of 4.9%, indicating its resilience despite inflation and high borrowing costs. However, experts predict a slower growth rate in the coming months as pandemic savings decrease and interest rates remain high.
- The US economy grew by 5.2% in the third quarter, even faster than previously estimated CNN
- US economic growth for last quarter is revised up to a 5.2% annual rate Yahoo Finance
- U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated CNBC
- GDP in the third quarter raised to 5.2% — but surge in growth is fading MarketWatch
- GDP 3Q 2023: US Economy Grew 5.2%, More Than First Estimated Bloomberg
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 1 min read
Condensed
67%
150 → 49 words
Want the full story? Read the original article
Read on CNN