U.S. GDP Revised Higher to 4.4% in Q3 as Consumer Spending, Exports Surge

by Emmitt Barry, Worthy News Washington D.C. Bureau Chief(Worthy News) – The U.S. economy expanded at a stronger pace in the third quarter than initially reported, powered by solid consumer demand and a sharp rebound in exports.According to new data released Jan. 22 by the Bureau of Economic Analysis, real gross domestic product rose at a 4.4 percent annual rate from July through September, a slight upward revision from the previous estimate. The adjustment reflected stronger exports and b