U.S. GDP & Consumer Spending Post 3Q Gains

The U.S. economy expanded at a 3.5% pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014. Bloomberg reported that the annualized rate of gains in gross domestic product compared with the 3.3% median estimate in a Bloomberg survey and […]