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The US Economy is Growing at a Healthy Pace Despite Headwinds, New Data Shows
Construction, particularly on data centers, has been one area of investment that is fueling the economy.
Credit: Stephanie Keith / Getty Images
Tariffs, war and high interest rates aren’t slowing the U.S. economy down.
The Gross Domestic Product, a measure of an economy’s output, grew at a 3.4% annualized pace in the third quarter. That’s more than the 3.1% economists expected and the 2.2% reported for the second quarter.
The Bureau of Economic Analysis said the main contributor to growth was increases in investments.
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