U.S. economy grew faster over the summer, as consumers keep spending despite high prices

U.S. economic growth accelerated over the summer, the government said Thursday in a report showing consumer spending remains strong despite inflation grumbles that challenge President Trump and his Republican Party ahead of Tuesday's midterms.

U.S. economy grew faster over the summer, as consumers keep spending despite high prices

TL;DR

  • U.S. economic growth accelerated over the summer.
  • Consumer spending remains strong.
  • Inflation concerns are present.
  • These economic conditions may challenge President Trump and the Republican Party ahead of the midterms.