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U.S. Economy's 3rd-Quarter Growth Beats Projections

NPR

Published December 20, 2013 at 10:11 AM CST

DAVID GREENE, HOST:

NPR's business news begins with some good news on the economic front.

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GREENE: The U.S. economy grew by 4.1 percent in the third quarter of the year, and that's significantly higher than the earlier projection of 3.6 percent. The upward revision comes mostly thanks to stronger consumer spending, and it is the fastest jump in growth in almost two years. Transcript provided by NPR, Copyright NPR.