( ) -q-28- UNDATED (Correspondent Jeremy House) “to restaurant meals.” The nation’s economy expanded at a 4.9% annual rate from July through September. [CutID: <Cuts> GDP-house-q-THUam.mp3 Time: 28s Title: GDP-house-q-THUam Out-cue: to restaurant meals] TAG: Correspondent Jeremy House reporting. —————————– VERBATIM: The economy expanded last quarter at the fastest pace in more than two years […]
Audio
Economy posted strong 4.9% growth rate last quarter
( ) -q-28- UNDATED (Correspondent Jeremy House) “to restaurant meals.”
The nation’s economy expanded at a 4.9% annual rate from July through September.
[CutID: <Cuts> GDP-house-q-THUam.mp3
Time: 28s
Title: GDP-house-q-THUam
Out-cue: to restaurant meals]
TAG: Correspondent Jeremy House reporting.
—————————–
VERBATIM: The economy expanded last quarter at the fastest pace in more than two years — and more than twice the 2.1% annual rate of the previous quarter. Analysts say Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. Thursday’s report on the nation’s gross domestic product showed that consumers drove the acceleration, ramping up their spending on everything from cars to restaurant meals.