U.K. Consumer Spending Drives 1% 3Q GDP Growth

Consumer spending and exports propelled the U.K. economy to its fastest growth since 2007 in the third quarter as the Olympics and a post-Jubilee rebound saw household expenditure rise the most in more than two years.

Konstam: Slowing Productivity Risks Stagnating Economy
25:43 - In today's "Single Best Chart," Bloomberg's Tom Keene displays the decline of U.S. GDP. He speaks with Dominic Konstam, global head of interest rates research at Deutsche Bank, on "Bloomberg Surveillance." (Source: Bloomberg)
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