U.S. Economy Is Booming - Hallo friend US WORD ARMY, In the article you read this time with the title U.S. Economy Is Booming, we have prepared well for this article you read and download the information therein. hopefully fill posts Items AIR FORCE, Items ARMY, Items INTELLIGENCE, Items NAVY, Items SPECIAL FORCES, we write this you can understand. Well, happy reading.

Loading...

Title : U.S. Economy Is Booming
link : U.S. Economy Is Booming

U.S. Economy Is Booming

Bloomberg: U.S. Third-Quarter Growth Revised Up to 3.3%, Three-Year High

The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

Highlights of Third-Quarter GDP (Second Estimate)

* Gross domestic product grew at a 3.3% annualized rate (est. 3.2%), revised from 3%; fastest

Loading...

since 3Q 2014
* Consumer spending, biggest part of the economy, grew 2.3% (est. 2.5%); revised from 2.4%; down from 3.3% in 2Q
* Business-equipment spending rose at a 10.4% pace, a three-year high, revised from 8.6%; reflects transportation gear
* Corporate pretax earnings rose 5.4% y/y, following a 6.3% y/y advance

Key Takeaways

The latest results for GDP, the value of all goods and services produced, show the economy was on a more solid footing as it entered the final stretch of the year, withstanding the damage from hurricanes Harvey and Irma.

Read more ....

WNU Editor: A few quarters is not a trend .... but this is definitely positive and welcomed news.

thus Article U.S. Economy Is Booming

that is all articles U.S. Economy Is Booming This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article U.S. Economy Is Boomingwith the link address https://uswordarmy.blogspot.com/2017/11/us-economy-is-booming_29.html

Loading...

Tweet

Subscribe to receive free email updates: