US economy grows faster than expected 3.4% in 3Q, driven by consumers, AI investment
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 conflict in the Middle East. Gross domestic product increased at a 3.4 per cent annualised rate last quarter, the Commerce Department’s Bureau of Economic Analysis said in its advance estimate of…
We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.
