The U.S. economy grew even faster in the third quarter than initially thought, posting the strongest six months of growth in more than a decade and pulling further ahead of other big economies of the world.
The gross domestic product, the country’s total output of goods and services, expanded at a healthy 3.9 percent annual rate in the July-September period, the Commerce Department reported Tuesday. That’s a notable jump from its first estimate of 3.5 percent. The revision was propelled higher by more robust consumer and business spending.
Together with a 4.6 percent surge in the spring, the country has recorded its biggest back-to-back quarterly performance since 2003. (our emphasis)Unfortunately, this was not featured on page 1 -- that space was reserved for Ferguson unrest (understandably), health care in ... wait for it... Mosul, Iraq, another in a series of fluffers on potential Republican presidential candidates (seriously, Carly Fiorina?!?), and a warm 'n' fuzzy Thanksgiving feature.
No, the information about the strong economic growth was on page... 12... on the bottom half of the page... in a digest... under "Also In Business." Well played, "liberal media," well played.
