The rate of growth for the U.S. economy slowed to its lowest pandemic-era pace in the third quarter as supply chain issues and a marked slowdown in consumer spending stunted the expansion, the Commerce Department reported Thursday.
Gross domestic product, a sum of all the goods and services produced, grew at a 2.0% annualized pace in the third quarter, according to the department’s first estimate released Thursday. Economists surveyed by Dow Jones had been looking for a 2.8% reading.
Remember bubba Clinton?
It's the economy, stupid!
Have you been watching "that feckless dementia-ridden piece of crap" tell us the economy is great!
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As usual, far below expectations.
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