JUST IN: US GDP soared to a blockbuster 4.9% in Q3. That’s the highest since the end of 2021 and a big uptick from 2.1% in Q2.

Strong consumer spending and gov’t spending drove the growth.

Bottom line: No recession in sight. pic.twitter.com/xRmOFfqIBF

— Heather Long (@byHeatherLong) October 26, 2023