U.S. Economic Growth Blows Past Expectations, Accelerates In Third Quarter

WASHINGTON, Dec 23 (Reuters) – The U.S. economy grew faster than expected in the third quarter, driven by robust consumer spending. Gross domestic product increased at a 4.3% annualized rate last quarter, the Commerce Department’s Bureau of Economic Analysis said in its initial estimate of third-quarter GDP on Tuesday. The economy grew at a 3.8% ...