Rising retail sales, factory output show robust US growth in Q3

Amid increased household spending, U.S. retail sales rose more than expected in September, maintaining expectations that economic growth rapidly accelerated in the third quarter. Despite predictions in late 2022 of a possible recession this year, the economy's ongoing strength has been underscored by other data released this week, which showed production at factories rising in … Continue reading Rising retail sales, factory output show robust US growth in Q3