New Estimate: US GDP Increased 5.2 Percent in Third Quarter; Home Prices Hit Another Record High

Don Ma
By Don Ma
November 29, 2023NTD Business

The Commerce Department’s recent update reveals that economic growth in the United States during the third quarter surged, with gross domestic product rising at an annualized rate of 5.2 percent from July through September, exceeding the initial estimate of 4.9 percent. This updated data depicts an even stronger pace of growth than previously reported.

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