The US economy grew at an annualised rate of 3.4% in Q3, beating forecasts of 3.2%, as resilient consumer spending and AI-driven investment offset the impact of higher oil prices.
The US economy grew at an annualised rate of 3.4% in the third quarter, driven by strong household spending and AI investments, exceeding economists' expectations of 3%.
The US economy grew faster than expected in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact of higher oil prices stemming from the...
The American economy – by far, the world’s biggest – has proven resilient in the face of higher energy prices caused by the fighting with Iran
The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.
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