Q3 GDP: U.S. economy picks up
October 26th, 2012
08:57 AM ET
9 years ago

Q3 GDP: U.S. economy picks up

New York (CNNMoney) - U.S. economic growth picked up in the third quarter, boosted by stronger consumer spending, an improving housing sector and increased defense spending.

Gross domestic product, the broadest measure of the nation's economic health, grew at an annual rate of 2% from July to September, the Commerce Department said Friday, faster than the 1.3% in the second quarter.


Filed under: CNNMoney.com • Economy
soundoff (29 Responses)

    It is sad that any news of economic improvement is the bane of Republican existence
    They need a bad economy to fool people into voting Republican again
    They have taken steps to create economic stagnation and the economy continues to improve in spite of them.
    i am not only voting FOR Obama and the Democrats,
    I am voting AGAINST the GOtP, because they fight against America's recovery

    October 26, 2012 10:44 am at 10:44 am |
  2. Wake up People!

    Oh come on, how is this news??? It picked up a few measley little points just two weeks from the election. Now who believes that??? I'm sure Obama and his Chicago style politics are behind this. Blah, blah, blah!

    LOL. Did I sound like the right wing nutjobs or what??? I love it when they blow their tops over good news (no matter how small) and start crying foul.

    OBAMA 2012!

    October 26, 2012 10:46 am at 10:46 am |
  3. Mike Texoma

    This is really good news. We are, after all, going in the right direction.

    October 26, 2012 10:50 am at 10:50 am |
  4. B.

    Don’t tell the Republicans this news,they do not want to hear that!

    The truth about the improving economy is destroying them faster than their lies about Obama’s record.

    October 26, 2012 10:53 am at 10:53 am |
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