US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product – the economy’s total output of goods and services – did slow slightly from its 3% growth…

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