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LATEST US DATA

Exports boost Q3 growth rate to its fastest in 2 years

Third-quarter GDP increases at a 2.9 per cent rate even as consumer spending slows

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The US economy grew at its fastest pace in two years in the third quarter as a surge in exports and a rebound in inventory investment offset a slowdown in consumer spending.

Washington

THE US economy grew at its fastest pace in two years in the third quarter as a surge in exports and a rebound in inventory investment offset a slowdown in consumer spending.

Gross domestic product increased at a 2.9 per cent annual rate after expanding at a 1.4 per cent

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