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Consumer Spending, Economy
US Economy Posts Solid 2.8 Percent Growth in Q3, Consumer Spending Leads
The U.S. economy grew at an annualized 2.8 percent pace in the third quarter, driven by strong consumer spending and rising exports, according to revised data released by the Commerce Department. Though slightly slower than the previous quarter's 3 percent growth, the report highlights the economy's gradual fight against inflationary pressures.
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2% annual rate from July through September, up from 2.7% in the April-June quarter. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool.
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
US economy grows at 2.8% pace in Q3 on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
12h
on MSN
Consumer spending climbs ahead of holidays. Households far from tapped out.
Consumer spending rose at a healthy pace in October and fueled a U.S. economic expansion that shows no sign of slowing in the ...
12h
on MSN
US consumer spending increases solidly in October; inflation stays elevated
U.S. consumer spending increased solidly in October, suggesting that the economy maintained its strong pace of growth early ...
10h
on MSN
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Harvard Business Review
1d
Research: How “Buy Now, Pay Later” Is Changing Consumer Spending
As “Buy Now, Pay Later” (BNPL) rapidly gains popularity, many retailers wonder about what this means for their bottom line.
12d
on MSN
Retail Sales Rise in October as Consumer Spending Stays Strong
The U.S. Commerce Department says consumers boosted their spending last month, signaling continued growth in the nation's ...
5d
Wall St Week Ahead Black Friday puts consumer spending in market's glare with stocks near records
The health of the U.S. consumer and the retail sector will be in focus in the coming week, as Black Friday kicks off a ...
WPTV-TV
3h
What is 'slow spending?' Here's why holiday shoppers might want to consider it this year
Black Friday and Cyber Monday are almost here and WPTV took a look at the latest trends in holiday shopping including the ...
Arabian Business
12h
UAE consumer spending hit $3.7bn in Q3 as shoppers move online and seek quick commerce
UAE consumers maintained robust spending patterns during the third quarter of 2024, collectively investing $3.7bn in ...
1d
US Consumer Confidence Improves as Less Americans Anticipate a Recession
According to the Conference Board's latest report, US consumer confidence improves as less Americans anticipate a recession.
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Related topics
Black Friday
United States
inflation
Federal Reserve System
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