Article source
Financial Times
Article date
Thu, Oct 27, 2016
The US economy grew at its quickest pace in two years in the third quarter, driven by an upturn in exports, according to official figures that paint a picture of improved growth going into November’s presidential election.
Real gross domestic product increased at a 2.9 per cent annual rate in the third quarter of 2016, up from 1.4 per cent in the second quarter, according to the US Department of Commerce. The acceleration was propelled by stronger investment in inventories and an acceleration in overseas sales of foods, feeds and drinks. Please click here to continue reading this article.