US Economy Expands More Than Expected in 3Q22 with 2.6% Growth

U.S. economic growth bounced back in the third quarter of 2022, a first positive output this year after two consecutive declines in the first two quarters of this year.

The world’s second-largest economy expanded by an annualized of 2.6% in the third quarter, beating economists expectations of 2.4% growth.
The economy declined 1.6% and 0.6% in the first two quarters of this year.