Washington Published December 23, 2014 kl. 14:41 Updated 17:13
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TT Swedish Grafikbyrån
Not since 2003 has the US economy been so good as now. Households and businesses are spending more than expected.
Falling oil prices and a labor market that is becoming stronger expected to support growth in the future. This means that it can be raised interest rates on its way from the US central bank this summer.
America’s gross domestic product (GDP) grew by 5.0 percent in the third quarter of 2014 compared to the same quarter last year. It turns out the final calculation of the country’s commerce ministry. It was the largest increase in eleven years in the third quarter.
The previous calculation showed a growth of 3.9 percent, and economists had on average expected a rise of 4.3 percent.
Consumption, which accounts for over two-thirds of the US economy, rose by 3.2 percent, a percentage point more than was thought before. Domestic demand was adjusted up to 4.1 percent from 3.2. It’s the fastest rate since in 2010.
During the second quarter of this year, growth of 4.6 percent. Now, a somewhat lower GDP growth in the final quarter. But the second and third quarter of this year showed overall the strongest period since 2003.
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