U.S. GDP Continues Strong Growth
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economic outputLos Angeles Times
•U.S. economic growth remains impressive. It's the envy of the world, except at home
77% Informative
U.S. economic activity continues to far outpace almost every other developed nation.
Consumer spending jumped 3.7% in the third quarter , as people bought more cars and spent money on healthcare services and to travel and eat out.
The Labor Department is set on Friday to release job creation and unemployment numbers for October .
Polls consistently show Americans are mired in a sour, griping mood when it comes to the economy.
Many analysts attribute the disconnect to two key elements: bad memories of high inflation.
The second is that people’s feelings about the economy reflect their political leanings.
For now, economists remain bullish about the outlook.
VR Score
88
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94
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