US economy improves more than expected

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US economy improves

3News NZ

The US economy is showing signs of recovery

The US economy is showing signs of recovery

The US economy grew by 2 percent in the third quarter, a little more than expected.

It's well up on the previous quarterly figure of 1.3 percent.

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29/10/2012 1:57:16 p.m.

Mike wrote:

How much was just inflation caused by printing money and higher imported goods costs?

Printing money gives the impression of growth from no growth through inflation.

29/10/2012 1:41:59 p.m.

Greg wrote:

I expect its just through the banking sector and loans to Greece and Spain. America has taken a big hit with its agriculture because of a drought.
The other sector would be with plying weapons to China's neighbourts. So its just a blip on the radar.