The US economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending.
Gross domestic product increased at an unrevised 2.8 per cent annualized rate, the Commerce Department’s Bureau of Economic Analysis said in its second estimate of third-quarter GDP.
Economists polled by Reuters had forecast GDP would be unrevised. Slight downward revisions to consumer spending, government outlays and exports, were offset