The U.S. economy grew at its quickest pace in 11 years in the third quarter, the strongest sign yet that growth has decisively shifted into higher gear.
The economy appears to have sustained some of the momentum in the fourth quarter. Other data on Tuesday showed consumer spending rose solidly in November, which could offset an unexpected weakness in durable goods orders. Continue reading “U.S. economy accelerates sharply in third quarter; consumer spending rises”

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