US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
Voice of America
FILE - The sun sets behind high tension power lines on Sept. 23, 2024, in the Porter Ranch section of Los Angeles. The U.S. economy grew at a healthy 2.8% annual rate from July through September, the Commerce Department says.
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
An employee selects the high quality corks at the Amorim cork factory in Mozelos, near Santa Maria da Feira, north of Portugal on Sept. 10, 2024. An employee works during the cork harvest in a farm in Coruche, central Portugal, on July 23, 2024. An employee passes by baskets full of corks at the Amorim cork factory in Mozelos, near Santa Maria da Feira, north of Portugal on Sept. 10, 2024. An employee passes by baskets full of corks at the Amorim cork factory in Mozelos, near Santa Maria da Feira, north of Portugal on Sept.10, 2024.
Longshoremen bow for a prayer during a strike at the Bayport Container Terminal, Oct. 1, 2024, in Houston. FILE - Ship to shore cranes and gangs of longshoremen work the container ship YM Witness at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Georgia.