U.S. GDP booms at 33.1% rate in Q3, better than expected
PUBLISHED THU, OCT 29 2020
KEY POINTS
- U.S. GDP accelerated at a 33.1% annualized pace in the third quarter.
- That was better than the 32% estimate from a Dow Jones economist survey.
- A surge in business and residential investment along with stronger consumer activity helped the economy..
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