The US economy grew at a faster pace than expected in the third quarter of the year, driven by strong consumer spending. However, its driving force appears to have faded amid rising living costs and the latest government shutdown.
US Economy Grew Faster Than Expected in Q3
The US economy showed stronger-than-expected growth in the third quarter, primarily driven by an increase in consumer spending. However, this growth momentum appears to have weakened amid rising living costs and the latest government shutdown.
