US economy grew strongly in third quarter, GDP report says

The US economy experienced a robust growth rate of 4.3% in the third quarter, exceeding expectations primarily due to strong consumer spending. This growth marks a significant rebound, indicating a potential recovery trajectory following previous economic challenges.

Asian stocks opened higher following a record rally on Wall Street, driven by robust data indicating the U.S. economy's fastest growth in two years. This positive momentum reflects investor confidence as markets react to favorable economic indicators.

The US economy has shown significant growth, expanding at its fastest pace in two years, driven primarily by strong consumer spending. This unexpected surge indicates a robust economic recovery, suggesting that consumers are increasingly confident in their financial situations.

The US economy has demonstrated a robust performance with a 4.3% GDP growth rate in the third quarter, surpassing expectations largely due to strong consumer spending. This growth indicates a significant rebound and potential recovery trajectory following previous economic challenges.