The US economy grew way more than expected in the third quarter

Real GDP heated up at an annualized rate of 4.3% in the third quarter, far surpassing the forecast. That follows a 3.8% gain in the second quarter and a contraction in the first quarter. Strong consumer spending drove the growth. The US economy defied expectations in the third quarter of a year marked by uncertainty. US real gross domestic product rose at an annualized rate of 4.3% in the third quarter, exceeding the 3.3% expected and more than the 3.8% growth in the second quarter. "The increase ...