Economy Makes Gains

The U.S. economy grew at an annualized rate of 2% in the third quarter, slightly above the 1.7% rate of the previous three months. There was mild acceleration in consumer spending, as well as a significant increase of inventory accumulation. Other major categories saw deceleration in growth, including spending on new homes, which swung from a 25.7% gain in the second quarter to a 29.1% decline in the third. Final sales fell from 0.9% in the second quarter to 0.6% in the most recent three months. Statistics show...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers