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Economy grows at fastest pace in three years This is a solid performance, especially given… Hurricanes Harvey and Irma…” Vicki Needham | The Hill – November 29, 2017

Economy grows at fastest pace in three years
This is a solid performance, especially given… Hurricanes Harvey and Irma…”
Vicki Needham | The Hill – November 29, 2017

The U.S. economy grew at the fastest pace in three years during the third quarter, which is a brisker expansion than initially reported.

The Commerce Department said Wednesday that growth hit an annual rate of 3.3 percent in the July through September quarter, up from the first-reported 3 percent.

The economy managed to bear the brunt of two major hurricanes that ripped through Texas and Florida.

“This is a solid performance, especially given that Hurricanes Harvey and Irma were drags on growth in the quarter,” said Gus Faucher, PNC’s chief economist.

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http://thehill.com/policy/finance/362321-economy-grows-at-fastest-pace-in-three-years

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