The US economy expanded by a solid 2.0% annualised in the third quarter, up from 1.3% in the second, as a pick-up in consumption growth more than offset a decline in business investment. We suspect that growth will slow a little in the fourth quarter and expect it to remain close to 2% next year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.