US growth rebound: Washington economy expands at 4.3% annual pace in Q3; inflation pressures persist

The US economy surged to a 4.3% annual growth rate in the third quarter, exceeding expectations due to robust consumer spending, exports, and government outlays. Despite this expansion, inflation persisted above the Federal Reserve's target, with the PCE index rising to 2.8%.

US growth rebound: Washington economy expands at 4.3% annual pace in Q3; inflation pressures persist
The US economy surged to a 4.3% annual growth rate in the third quarter, exceeding expectations due to robust consumer spending, exports, and government outlays. Despite this expansion, inflation persisted above the Federal Reserve's target, with the PCE index rising to 2.8%.