The Chicken Littles of the American economy have egg on their faces following the Commerce Department's report Tuesday showing annual growth of 4.3% in the third quarter from July through September, decisively beating analysts' expectations of 3% growth and improving on the second quarter's 3.8%, the Associated Press reported.
It's the most rapid expansion of the economy in two years, driven by consumer and government spending and exports, suggesting that President Trump's much-ballyhooed economic policies, especially tariffs, are not hampering the economy on the whole.
