Following a difficult period battered by inflation and high interest rates, it looks like the U.S. economy is back on.
According to the U.S. Commerce Department, U.S. gross domestic product grew at an annualized rate of 4.9% during Q3.
This marks significant growth from the 2.1% pace in Q2 and analysts’ predictions of 4.2% growth for Q3.
However, it remains to be seen if the nation’s economic growth can maintain its positive forward momentum.
