Spending by consumers and businesses spur economic output to rise 5% in the last quarter
Thu, Dec 25, 2014 - 5:50 AM
COMING INTO BLOOM: Commerce Department data shows that recovery is finally gaining sustained power more than five years after it began.
THE US economy grew last quarter at its fastest rate in over a decade, providing the strongest evidence to date that the recovery is finally gaining sustained power more than five years after it began.
Bolstered by robust spending among consumers and businesses alike,...