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October 30, 2014

5 things to know about U.S. growth

  • Thanks to robust job gains, most analysts think the economy is finally expanding. But much of the growth is being captured as corporate profits, not rising wages.
  • By CHRISTOPHER S. RUGABER
    AP Economics Writer

    WASHINGTON — Is the U.S. economy accelerating — finally? If it is, which sorts of Americans stand to benefit most? And why is it doing better than other major economies?

    Such are the questions surrounding a report coming Thursday on economic expansion in the July-September quarter. It's likely to be the fourth quarter in the past five in which annual growth reached at least 3 percent — a level that would be the envy of most other big economies.


     
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