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US economic growth rises 3.8 percent in third quarter.
Publication: M2 Presswire Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Ingram Investment Ltd.
M2 PRESSWIRE-31 October 2005-Axcess News: US economic growth rises 3.8 percent in third quarter(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:31102005
Washington - The US Department of Commerce reported that economic growth rose 3.8 percent in the third quarter fueled by stronger consumer and government spending in the face of high energy prices following the devastation of hurricanes Katrina and Wilma.
Even though economists were skeptical about the growth of domestic good and services, the US economy managed to gain over the second quarter by .3...
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