Fri, 26 Oct 2012 12:54:29 GMT
U.S. economy expands at 2%
The Bureau of Economic Analysis reported on Friday that the gross domestic product of the United States added more than expected in the quarter from July to September. The U.S. GDP climbed 2% annual rate, compared to a 1.3% increase in the preceding quarter. Economists, however, expected that the economy would expand at a rate of 1.8%. Consumer spending accounts