Tumblr Icon RSS Icon

Economy Grew At 2 Percent Rate Last Quarter

Posted on

"Economy Grew At 2 Percent Rate Last Quarter"

Share:

google plus icon

According to the latest data from the Bureau of Economic Analysis, the economy grew at a rate of 2 percent in the third quarter, slightly beating economists’ estimate of 1.7 percent. The BEA said that GDP growth “primarily reflected positive contributions from personal consumption expenditures (PCE), federal government spending, and residential fixed investment.”

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.