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http://www.nytimes.com/2014/12/24/b...n-region®ion=top-news&WT.nav=top-news&_r=0
GDP figures were revised to 5%, up from 3.9%. Growth in Q3 was mostly due to:
• Investment by businesses
• Increased consumer spending
• Improvements in trade
Consumption may be up in Q4 due to falling gas prices. This means Q3 was the strongest quarter since 2003.
Keep in mind that there is obviously much more to an economy than GDP, but it's still a good sign.
GDP figures were revised to 5%, up from 3.9%. Growth in Q3 was mostly due to:
• Investment by businesses
• Increased consumer spending
• Improvements in trade
Consumption may be up in Q4 due to falling gas prices. This means Q3 was the strongest quarter since 2003.
Keep in mind that there is obviously much more to an economy than GDP, but it's still a good sign.