US economy grew at 3.4% annualized rate in 3rd quarter, government data shows

The economy has proven resilient by some measures, despite a surge of inflation.
The United States economy expanded at an annualized rate of 3.4% over the three months ending in September, according to a government report released on Thursday.
Growth in the third quarter amounted to an acceleration from 2.2% annualized GDP growth in the previous quarter, U.S. Commerce Department data showed.
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