Us Economy Grew At 3.2% In Quarter 3; Healthy Upgrade From What Was Estimated
Amidst increasing inflation and high interest rates, the US economy grew at strong annual pace of 3.2% in the quarter 3 of 2022 (i.e. July through September). This growth is higher than what was estimated and anticipated earlier. This unexpected increase in GDP signifies a return to growth after successive decline in the first two…