U.S. economy surges to strongest growth in two years
by Ana Swanson

The Washington Post    Translate This Article
28 October 2016

On 28 October 2016 The Washington Post reported: The U.S. economy grew at its strongest pace in two years in the third quarter, according to government data released Friday morning, helping to allay fears that the world's largest economy might be stalling after a sustained period of weakness. Between the months of July and September, the nation's gross domestic product expanded at an annualized rate of 2.9 percent, slower than before the financial crisis, but fast enough to create new jobs and pare down the unemployment rate, economists said. The reading surpassed expectations of economists surveyed by Bloomberg News, who had forecast growth of 2.6 percent. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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