The economy’s resilience is a product of a strong job market and extra pandemic savings, which have made it possible for people to keep spending despite inflation and rising interest rates.
The U.S. economy grew by an annual rate of 4.9 percent in the third quarter, the strongest pace since 2021, as spending - by families, businesses and the government - accelerated, even in the face of fast-rising borrowing costs. New government data released Thursday by the Bureau of Economic Analysis shows that gross domestic product expanded between July and September, capping five straight quarters of growth and eluding a long-feared recession.Subscribe to The Post Most newsletter for the most
The nature of leadership seemed more important than ever as the world focused last week on war and peace, along with challenges to the way we live, work and vote: impeachment, strikes, the arms trade, gun safety were all at issue.
The nature of leadership seemed more important than ever as the world focused last week on war and peace, along with challenges to the way we live, work and vote: impeachment, strikes, the arms trade, gun safety were all at issue.