The Weekly Bottom Line: Things Are Slowly Getting Back to Normal - NewsBreak
By Alexdemarco in Business
Updated 2 years ago
GDP growth slowed to 2.0% quarter-over-quarter (annualized) in the third quarter of this year, down from 6.7% in the second quarter. The shift in the composition of consumer spending away from goods and into services signals some long-awaited relief for congested supply chains. While third quarter economic growth disappointed,...