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U.S. economy grew 3.5% in Q3

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Staff Writer | November 28, 2018
The United States Bureau of Economic Analysis (BEA) released its estimates for economic growth during the third quarter of the year.
America manufacturing
America   Real gross domestic product increased
“Real gross domestic product (GDP) increased at an annual rate of 3.5% in the third quarter of 2018, according to the second estimate," the BEA said in its statement.

This means that the general outlook for the American economy remains unchanged.

Meanwhile, real gross domestic income (GDI) rose 4% year-on-year in Q3-18, while the revised reading for Q2 showed an an increase of 0.9%.


 

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