U.S. Grows at 3.6% Pace in 3rd Quarter

U.S. Grows at 3.6% Pace in 3rd Quarter but no one is getting too excited as underlying figures suggest slower growth in the final months of the year. Gross domestic product, the broadest measure of goods and services produced in the economy was expected to come in at 2.8% seasonal adjusted but came in at 3.6%. None the less focus remained on how it wasn't “as good as it looked” and how it wasn't sustainable. Economists believe growth will come in at 1.4% in the 4th quarter. Read more in the Wall Street Journal.

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Fed sees Economy growing at ‘Modest to Moderate’ Pace

U.S. economy expanded at a "modest to moderate" pace in recent months, according to the Federal Reserve's survey of regional...