Spending on Durable Goods Boosts GDP

By Epoch Times Staff
Epoch Times Staff
Epoch Times Staff
October 28, 2011Updated: October 24, 2015

Customers shop for washers and dryers Oct. 27 in Burbank, Calif. Spending on durable goods and cars helped boost third-quarter Gross DomesticPproduct (GDP), which grew at an inflation-adjusted annual rate of 2.5 percent from July through September—the strongest performance in a year.