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U.S. economy expands at 4.1% rate

By The Associated Press

This article was published December 20, 2013 at 11:03 a.m.

WASHINGTON — The U.S. economy grew at a solid 4.1 percent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously believed. Much of the upward revision came from stronger consumer spending.

The Commerce Department’s final look at growth in the summer was up from a previous estimate of 3.6 percent. Four-fifths of the revision came from stronger consumer spending, primarily in the area of health care.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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Displaying 1 - 10 of 10 total comments

AmericasDoomed says... December 20, 2013 at 11:26 a.m.

Sounds good on paper but you can't believe ANY numbers that come out of this administration.

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GrimReaper says... December 20, 2013 at 12:28 p.m.

I saw a flock of elephants fly over this morning! Bogus input results in bogus output.............

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aimee says... December 20, 2013 at 12:51 p.m.

More revelations from the Southern Angry White Man Party (GOP).. Get over it..!!!!!

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TimberTopper says... December 20, 2013 at 12:57 p.m.

LOL!, Doomed, you and the Reaper can't even stand good news. Bet ya'll only watch the news hoping someone was robbed, killed, or overdosed. I would wish each of you a Merry Christmas, but I'm convienced each of you will find a way that even Christmas will be negative. Better luck next year!

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23cal says... December 20, 2013 at 2:04 p.m.

Worst socialist ever.

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djigoo says... December 20, 2013 at 2:39 p.m.

Lookit the Baggers again hating to see America succeed.

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DontDrinkDatKoolAid says... December 20, 2013 at 2:49 p.m.

Unemployment rates fall in nearly all U.S. st...
~
Jobless claims hit highest since March
~
News items of today.

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SurferDuuuude says... December 20, 2013 at 3:26 p.m.

Once again we see what happens when we cut the size of the federal government. Sequestration seems to have worked. Thank God for conservatives!
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This growth has also been aided by gains in the stock market brought about by continuation of the fed policy on historically low interest rates. When investors can't earn squat in the bond market, they turn to stocks. Thank God for Walmart!
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Hey aimee, 23Cal, goo-ber, and Timber - When the next economic report comes out below projections, are you doofuses prepared to give similar credit to the Liar-in-Chief BH Obama?

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aimee says... December 20, 2013 at 5:21 p.m.

Credit sure won't go to the Republican Party which is doing everything in its power to see this country fail so they can blame it on the President... Southern Angry White Man Party (GOP) = Sore Losers who are guaranteeing that they will CONTINUE to lose..!!!!

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djigoo says... December 20, 2013 at 11:22 p.m.

Can you imagine where we'd be if the the GOP hadn't rooted for America's demise for the past six years?

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