Economy Grows 2.8% as Consumer Spending Drives Expansion: The U.S. economy expanded at a 2.8 percent annual rate from July through September, the Commerce Department reported Wednesday, driven largely by resilient consumer spending. Despite high interest .... U.S. economy grew at 2.8% pace last quarter, powered by consumer spending: Despite widespread predictions that the economy would succumb to a recession, however, it has kept growing, with hiring and consumer spending holding ... reaching its highest level since January ....

US GDP Growth, Consumer Spend - ET Edge Insights

US Economy Grew at a Solid 2.8% Pace Last Quarter on Strength of Consumer Spending: In a sign that the nation’s households, whose purchases drive most of the economy, will continue spending, the Conference Board said Tuesday that its consumer confidence index posted its biggest .... The economy grew 2.8% in the third quarter. How it could affect Fed interest rates: Despite high inflation and interest rates the past few years, the economy has proven remarkably resilient, with robust wage gains propping up consumer spending ...

Consumer Spending | Economics | Tutor2u

The Fed hiked its key rate ....

Distribution Pie Chart Typical Consumer Spending Stock Illustration ...