US Economic Growth for Last Quarter Is Revised up to 5.2 Percent Annual Rate

US Economic Growth for Last Quarter Is Revised up to 5.2 Percent Annual Rate
A truck passes oil pump jacks at dusk near Karnes City, Texas on Nov. 1, 2023. Eric Gay/AP Photo
The Associated Press
Updated:
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WASHINGTON—Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2 percent annual pace from July through September, the government reported Wednesday in an upgrade from its previous estimate.

The government had previously estimated that the economy grew at a 4.9 percent annual rate last quarter.