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OH YEAH! U.S. Grew More Than Expected Kevork Djansezian/Getty

U.S. Grew More Than Expected

Here's some welcome news for the holidays. The U.S. government has revised its estimate of economic growth for the third quarter to a 3.6 percent annual rate from 2.8 percent. The change also beat expectations from economsts who predicted 3.1 percent, and is the best quarter since the beginning of 2012. The jump came in large part thanks to businesses stocking up on inventory as well as an improving trade situation.

December 5, 2013 10:03 AM