“The economy expanded at its fastest pace in more than a decade during the spring and summer, showing the U.S. sits on a solid foundation despite increasing global uncertainty,” the Wall Street Journal reports.
“Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a seasonally adjusted annual rate of 3.9% in the third quarter, the Commerce Department said Tuesday. The agency had previously estimated the third quarter’s growth rate at 3.5%.”
Wonk Wire: Is the era of rock bottom economics over?
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