US economy grew at solid 2.8% pace last quarter on strength of consumer spending, but misses expectations newsthirst.
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg) Wednesday’s report from the Commerce Department said the gross domestic…