Yearly Archives: 2024

US Economic Growth for Last Quarter is Revised Up to a Solid 3% Annual Rate

US Economic Growth for Last Quarter is Revised Up to a Solid 3% Annual Rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said in an upgrade of its initial assessment. The Commerce Department had previously estimated that the nation’s gross domestic product expanded at a 2.8% rate from April through June. The…MORE