You are here

LATEST US DATA

Economy grows at faster pace in Q3, GDP growth revised up to 2.1%

Wednesday, November 25, 2015 - 05:50
546.jpg
The US economy grew at a healthier clip in the third quarter than initially thought, suggesting resilience that could help give the Federal Reserve confidence to raise interest rates next month.

Washington

THE US economy grew at a healthier clip in the third quarter than initially thought, suggesting resilience that could help give the Federal Reserve confidence to raise interest rates next month.

The Commerce Department on Tuesday said that the nation's gross domestic