Despite the drama around the Federal Reserve hiking interest rates, financial markets gyrating and stock indexes tanking, we got a snapshot of the whole economy this morning. The final reading on third-quarter gross domestic product was slightly lower than expected at a 3.4 percent annual growth rate. Marketplace’s Mitchell Hartman explains why this year’s very strong economic expansion is not likely to be repeated over the coming year.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.