U.S. Economy Grows 1.9% in Q3

The U.S. Commerce Department has reported that between July and September – Q3, the U.S. Economy grew 1.9%. Well above economists’ expectations but below Q2 increase of 2.0%. The increase is a reflection of a pickup in home sales, as buyers took advantage of attractive mortgage rates and steady consumer spending.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.