US economic growth accelerated from 2.2% to 3.4% annualized in Q3, exceeding market expectations of 3.2%, according to the Bureau of Economic Analysis’ advance estimate. The stronger expansion was driven by increases in private investment, consumer spending and government spending, partly offset by weaker exports and higher imports. Compared with Q2, the acceleration primarily reflected […]The post US GDP Accelerates to 3.4% as Consumer Spending and Investment Drive Growth appeared first on ActionForex.