December 1, 2019

GF Business News

Author: Doug Barrett

The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter. Still, the holiday shopping season is expected to be relatively healthy given solid job growth and consumer spending.
U.S. consumer confidence declined slightly for a fourth consecutive month, but it remains elevated with the holiday shopping season ramping up. The Conference Board said Tuesday that consumers' fe