The U.S. Economy Is Growing, But Purchasing Power Isn't

The economy is strong by conventional measures, but most voters don’t feel it. Gross domestic product grew 3.4 percent in the third quarter, the fastest pace in a year. Consumer spending increased 3.8 percent, and nonresidential business investment surged 12.7 percent, propelled by artificial intelligence and the data center build-out. Read Full Article »