Headline Roundup • October 26th, 2018
Economy Grew at Robust 3.5% in Third Quarter, But Business Spending Slowed
Summary from the AllSides News Team
The economy grew 3.5% from July to September, a strong rate that was driven by consumer and government spending. Trade and business spending slowed significantly amid President Trump's increased tariffs, a factor that some experts say will hinder economic expansion in the long-term.
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Business-Spending Slowdown Casts Shadow on Solid U.S. GDP Report
Bloomberg
News
Consumers drove the U.S. economy to better-than-expected growth in the third quarter, but a steep slowdown in business spending raised concerns about whether the strength in the expansion
GDP jumps 3.5% in 3Q as consumers, government spending fuel economy
News
The U.S. economy grew a robust 3.5 percent from July through September as consumer and government spending extended the nation's economic growth, the government said Friday. The
Economic growth cools, but only a little, between 2nd and 3rd quarters
News
Donald Trump has talked about economic growth in the second quarter – April through June of this year – countless times in recent months. Whether the president understands the
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