Consumer outlays increased at the best pace in about four years — providing some hope that the expansion can continue. The rise from the second-quarter rate of 1.7% was in line with economists’ expectations. Soaring imports were a big drag on the growth report.
Continue reading Third-Quarter GDP Rose to 2% on Consumer Spending
Third-Quarter GDP Rose to 2% on Consumer Spending originally appeared on DailyFinance on Fri, 29 Oct 2010 10:00:00.
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