U.S. Economy Grows at 2% Annual Rate

Oct. 26 (Bloomberg) -- The U.S. economy expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction. Gross domestic product rose at a 2 percent annual rate after climbing 1.3 percent in the prior quarter, Commerce Department figures showed today. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Most Recent Videos

Bareburger CEO Responds to Shake Shack IPO
55:12 - Jan. 30 -- Bareburger CEO Euripides Pelekanos discusses how he will expand the Bareburger brand with Bloomberg's Pimm Fox on "Taking Stock."
  • How Apple Conquered China Market: Bloomberg West (01/30)
  • Should Amazon Spin Off Its Growing Cloud Business?
  • TripAdvisor's Top Pick: Chicago's Langham Hotel