U.S. economy accelerated

By: trademagazin Date: 2010. 11. 23. 12:02

The revised datas show that in the third quarter U.S. economy increased by 2.5 percent (based on annualized quarterly basis), which exceeds the previous estimations of 2 percent and the analysts’ expectations of 2.4 Percent.

According to the communication of the ministry; the good datas are due to the stronger expansion of consumer and government spendings.

Compared to the previous quarter's data, we can say that the growth of the U.S. economy accelerated, because in the April-June period the GDP growth was 1.7 percent – reports portfolio.hu.