GDP grows at an unexpectedly high annual rate after two straight quarters of contraction

GDP grows at an unexpectedly high annual rate after two straight quarters of contraction

GDP grows at an unexpectedly high annual rate after two straight quarters of contraction

GDP grows at an unexpectedly high annual rate after two straight quarters of contraction After two consecutive quarters of decline, the U.S. gross domestic product grew at an expectedly high annual rate in the third quarter . However, recession fears remain amid high inflation and rising interest rates . Nancy Cordes has the latest.

GDP grows at an unexpectedly high annual rate after two straight quarters of contraction.

GDP grows at an unexpectedly high annual rate after two straight quarters of contraction After two consecutive quarters of decline, the U.S. gross domestic product grew at an expectedly high annual rate in the third quarter. However, recession fears remain amid high inflation and rising interest rates.