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U.S. economy grew at 5.1% annual rate in Q3, fueled by strong holiday spending and business investment.
Strong holiday spending in November boosted U.S. economic growth to an annual rate of 5.1% in the third quarter, the fastest pace since 2021, according to the latest government report.
Consumers drove the surge, spending heavily on goods and services, while businesses also increased investments.
The data suggests the economy remains resilient despite high interest rates, though inflation pressures persist.
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La economía de Estados Unidos creció a una tasa anual del 5,1% en el tercer trimestre, impulsada por un fuerte gasto en vacaciones e inversión empresarial.