Economy Soars, Paced by Spending

  • Playlist
  • Download
  • Embed
    <iframe src="" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

NPR's Jim Zarroli reports the economy raced ahead in the third quarter, growing at a 7.2 percent annual rate. That's the highest increase in the nation's gross domestic product in 19 years. Consumers continued to spend despite relatively high unemployment and a lack of new job creation. Business spending was especially strong, rising 11.1 percent in the quarter.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from