Tag: Inflation Pressures

  • U.S. GDP Surpasses Expectations in Q3: A Closer Look at the Economic Growth

    U.S. GDP Surpasses Expectations in Q3: A Closer Look at the Economic Growth

    The U.S. economy showcased a strong performance in the third quarter, growing at a 4.9% annual pace and outpacing expectations. This growth is particularly notable given the current global and domestic challenges, such as higher interest rates and ongoing inflation pressures. “The consumer went on a shopping spree in the third quarter,” said Michael Arone,…