NPR
: News
The U.S. economy grew at a 2.7 percent annual rate in the third quarter, the Bureau of Economic Analysis says. That's a sharp upward revision in its estimate of gross domestic product growth from mid-summer into the fall. In its first look at the quarter's GDP, the agency estimated growth at a 2 percent annual rate.
According to BEA, consumer spending, inventory investment, exports and federal spending all contributed to growth from July 1 through Sept. 30.
In the second quarter, GDP expanded at a 1.3 percent annual rate.
Also this morning:
There were 393,000 first-time claims for jobless benefits last week, down by 23,000 from the week before, the Employment and Training Administration reports.
The decline brings claims back into the 350,000-to-400,000 pace they had been running at before Superstorm Sandy pummeled the Mid-Atlantic and Northeast in late October.
Wednesday, there was more modestly good economic news — about the housing market.
9(MDAxNzk1MDc4MDEyMTU0NTY4ODBlNmE3Yw001))
Where's Jimmy Hoffa? Everywhere And Nowhere
FBI agents believe they have a credible lead on the whereabouts of Jimmy Hoffa's body. If they're right, it will solve a longstanding mystery, which will also deflate Hoffa's resonance in popular culture.The Mystery Of the Ridiculously Pricey Bag Of Potatoes
Did a 10-pound bag of potatoes really cost $15 back in 2008? We get to the bottom of some puzzling numbers in the lawsuit alleging America's potato growers have become a spud cartel.House Passes Bill That Would Ban Abortions After 20 Weeks
The legislation is one of the most far-reaching abortion bills in decades and follows the May murder convictions of Philadelphia abortion doctor Kermit Gosnell. The bill, which would ban nearly all abortions starting 20 weeks after fertilization, is unlikely to ever become law.Amazon Cuts Ties In Minnesota Ahead Of New Sales Tax
Amazon ends the contracts of people and businesses that are paid for sending customers to the retailer. The company has taken similar steps in other states that have passed laws like Minnesota's new sales tax legislation.Leave a Comment
Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.
-
Inspiration For Change
Metro Connection is looking for personal accounts of how inspiration happens. Tell us your story. more >> -
Deals For Developers
WAMU investigates city subsidies to developers and campaign contributions from the companies. more >> -
Beating The Odds
Beating the Odds is an annual series that features remarkable students seem destined to succeed despite... more >> -
Have A Child With Special Needs?
The Kojo Nnamdi Show is exploring the challenges faced by parents and would like to hear from you. more >> -
Aging and Abuse
With an aging population, elder abuse is expected to increase. We look at the complexities of elder abuse in... more >> -
Half The Battle
Jobs? Relationships? Bills? Why it is so hard for young vets transitioning home. An AU project. more >> -
Volunteer Recognition
The volunteer of the year award and special projects award are given to a WAMU 88.5 volunteer each year for... more >> -
Yesterday's Dropouts
This series examines the struggles adults face after they leave school without a diploma. more >> -
New Bible
Bill Cain isn't just an award-winning playwright; he's also a Jesuit priest. And he brings the two together... more >> -
Public Insight
Share your knowledge and insights about timely issues with journalists from WAMU 88.5 more >> -
In-Kind Donation Program
By providing an in-kind donation, you may be eligible for a tax deduction, without a cash commitment, and... more >> -
Follow Us On Twitter
To get the latest local stories from WAMU 88.5 News, follow us on Twitter. more >>
