By MARTIN CRUTSINGER
AP Economics Writer 

US economy grew at solid 3.2 percent rate in third quarter

 

December 22, 2017



WASHINGTON (AP) — The U.S. economy grew at a solid 3.2 percent annual rate from July through September, slightly slower than previously estimated but still enough to give the country the best back-to-back quarterly growth rates in three years.

The figure was revised down from last month's estimate of 3.3 percent, the Commerce Department reported Thursday. The change reflected a bit less spending by consumers, which was offset somewhat by increased spending by state and local governments.

Still, the 3.2 percent growth followed a 3.1 percent gain in the second quarter, the first consecutive quar...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Arc
Newsgram

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 04/25/2024 12:28