The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. CNBC's Rick Santelli breaks down the numbers. Read more: cnb.cx/4scydh7 | CNBC
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The U.S. economy grew at a much greater-than-expected pace in the …
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The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years. Allnumbers are in billions of dollars.Year Revenues Expenditures GDP1948 41.6 29.8 269.21956 74.6 70.6 437.51964 112.6 118.5 663.61972 207.3 230.7 1,238.31980 517.1 590.9 2,789.5Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearestpercent. Use the red points (cross symbol) for expenditures and the green points (triangle symbol) f
The following table lists federal expenditures, revenues, and GDP …
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