U.S. economy holds up with 1.9% growth on consumer strength

UNTIED STATES gross domestic product expanded at a 1.9% annualized rate in the third quarter. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
UNTIED STATES gross domestic product expanded at a 1.9% annualized rate in the third quarter. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
WASHINGTON – A resilient American consumer helped the United States economy expand more than forecast in the third quarter, assuaging concerns for now of a more pervasive slowdown tied to weakening business investment and faltering export markets. Gross domestic product expanded at a 1.9% annualized rate, according to Commerce Department data Wednesday that topped forecasts in a…

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