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MercoPress, en Español

Montevideo, April 25th 2024 - 11:52 UTC

Tag: United States, Department of Commerce, Federal Reserve

  • Saturday, December 24th 2016 - 03:44 UTC

    US economy expands 3.5% annualized in the third quarter

    The Department of Commerce said consumer spending, which accounts for more than two-thirds of the US economy, increased at a rate of 3%

    The US economy grew even faster than thought in the July-to-September period, latest official figures indicate. The world's largest economy grew at an annualized rate of 3.5% in the quarter, up from an earlier estimate of 3.2%, the Department of Commerce said.