This is a U.S. news story, published by CNBC, that relates primarily to Dow Jones news.
For more U.S. news, you can click here:
more U.S. newsFor more inflation news, you can click here:
more inflation newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
strong consumer spending. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Personal consumption expenditures news, government spending news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
resilient consumer spendingCNBC
•
77% Informative
Gross domestic product increased at a 2.8% annualized rate in the third quarter .
Economists surveyed by Dow Jones had been looking for an increase of 3.1% .
The report confirms that the U.S. expansion has continued despite elevated interest rates.
The release comes with the Federal Reserve poised to lower interest rates further.
VR Score
89
Informative language
98
Neutral language
18
Article tone
semi-formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links