U.S. Economic Growth Accelerated in the Third Quarter

Amanda McClements, owner of a home goods store in Washington, D.C., says her sales are up about 15 percent from last year and have finally eclipsed 2019 levels.

 Justin T. Gellerson for The New York Times

Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the pace is not expected to be sustained.

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