News Alert: U.S. economy grew at 2.5 percent rate in third quarter

Thursday, October 27, 2011

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The Washington Post Thursday, October 27, 2011 8:50:12 AM
NEWS ALERT

U.S. economy grew at 2.5 percent rate in third quarter


The nation's economy grew modestly over the summer, lifted by stronger consumer spending and greater business investment, a U.S. Commerce Department report shows. The 2.5 percent growth rate is the strongest in the last year, and shows that the economy, while struggling, is not sinking back into recession.


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