The U.S. economy expanded by 3 percent in the third quarter, the Commerce Department said on Friday. Gross Domestic Product grew strongly in the period despite concerns about the economic impacts of the hurricanes. Strong consumer spending, low unemployment, a booming stock market and a weak dollar contributed to growth in the period. "There are no real headwinds to growth for the first time since the expansion began," said Mark Zandi, the chief economist of Moody’s Analytics. "We are at full employment and we are in full swing, let the good times roll." – NYT During a visit to the border between North and South Korea, U.S. Secretary of Defense, James Mattis, said dialogue is the key to defusing tensions with Pyongyang. He implied that the military build upis allowing the U.S. to negotiate "from a position of strength," but stressed that the way forward is dialogue. "We’re doing everything we can to solve this diplomatically – everything we can," he said.
The U.S. economy expanded by 3 percent in the third quarter, the Commerce Department said on Friday. Gross Domestic Product grew strongly in the period despite concerns about the economic impacts of the hurricanes. Strong consumer spending, low unemployment, a booming stock market and a weak dollar contributed to growth in the period. "There are no real headwinds to growth for the first time since the expansion began," said Mark Zandi, the chief economist of Moody’s Analytics. "We are at full employment and we are in full swing, let the good times roll." – NYT During a visit to the border between North and South Korea, U.S. Secretary of Defense, James Mattis, said dialogue is the key to defusing tensions with Pyongyang. He implied that the military build upis allowing the U.S. to negotiate "from a position of strength," but stressed that the way forward is dialogue. "We’re doing everything we can to solve this diplomatically – everything we can," he said.