Worthy Christian News » US News » US economy grew 1.9% in third quarter


US economy grew 1.9% in third quarter

Thursday, October 31, 2019 | Tag Cloud Tags: , , , , , , ,

(Worthy News) - The U.S. economy grew at an annual rate of 1.9% for the third quarter of 2019 as businesses slowed their investments and consumer spending declined amid a slowdown in global growth and the trade war with China.

An advance estimate from the Commerce Department released Wednesday showed economic growth slowed and gross domestic product for July through September was below the 2% growth rate for the second quarter of the year. But the GDP gain exceeded expectations from analysts who predicted the economy would grow at a slower rate of 1.4%.

The economy grew at a 3.2% annual rate in the first quarter of the year. [ Source: Washington Examiner (Read More...) ]

Let your Friends know! Be sure to SHARE!

FacebookTwitterWhatsAppBufferLinkedInPin ItEmail a Friend
Copyright 1999-2019 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News » US News » US economy grew 1.9% in third quarter

Latest Worthy News

Worthy Christian News » US News » US economy grew 1.9% in third quarter