The US economy expanded at a robust rate of 2.8% last quarter, driven by strong consumer spending.  

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From July to September, the U.S. economy expanded by 2.8% per year, driven by robust consumer spending even with elevated interest rates. This increase shows economic strength despite forecasts of a recession. The job market has decelerated, and the Federal Reserve is still changing interest rates in an effort to control inflation successfully.

   

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