Consumers fueled US economy in 3rd quarter as tariffs hit business investment

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Strong consumer activity this summer partially offset the effects of an ongoing trade dispute between the two largest economies.

The record-long expansion cooled in the third quarter but kept up a solid pace. The Commerce Department said Wednesday that gross domestic product rose by 2.1% from July to September. Strong consumer activity has offset the effects of a more than yearlong trade dispute between the two largest economies. Visit Business Insider's homepage for more stories.

The record-long expansion cooled in the third quarter but kept up a solid pace. The Commerce Department said Wednesday that gross domestic product rose by 2.1% from July to September. Strong consumer activity has offset the effects of a more than yearlong trade dispute between the two largest economies. Visit Business Insider's homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil dips after U.S. stock build; U.S.-China deal hopes supportOil fell on Wednesday after an industry report showed an unexpected build in U.S... 😴 When the trade deal doesn't happen, the market won't react well. I'm no expert, but even I know the market is as stable as a butterfly in a hurricane.
Source: Reuters - 🏆 2. / 97 Read more »

Oil slips as U.S. stocks rise, but hopes for U.S.-China trade deal stem lossesOil eased on Wednesday following an industry report showing a surprise build in ...
Source: Reuters - 🏆 2. / 97 Read more »

Oil eases on growing U.S. stockpiles; U.S.-China trade deal hopes check lossesOil slipped on Wednesday after an industry report showed a surprise build-up in ...
Source: Reuters - 🏆 2. / 97 Read more »