US economy grows at fastest pace in two years

The US economy grew at an annual rate of 4.3% in the third quarter of 2022, marking the fastest pace in two years, driven by strong consumer spending and increased exports. Despite challenges such as trade policy changes, inflation, and government spending cuts, the economy has shown resilience. Consumer spending rose by 3.5%, and exports surged by 7.4%, while imports declined. However, rising prices could pose future challenges for sustaining this growth.