The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.
Categories: Brean CapitalBureau of Economic Analysis (BEA)Businessbusinesseschief economistChristopher RupkeyCommerce DepartmentConrad DeQuadrosdarkening skieseconomic activityeconomy healthfaster growthfinal quarterFWDBONDSGDPgrowth pacehigher borrowing costshiringincome sideJeffrey RoachLPL Financialmachinery equipmentMichael Pearcemixed reportmomentumNew YorkOxford Economicsrecession fearsspendingThird QuarterTodays Headlinestwo yearsU.S. economywarehouseswind in economy's sails