The financial system grew slowly within the third quarter

“The US financial system grew at an annual charge of two.6% within the third quarter regardless of slowing shopper spending. It contracted earlier within the 12 months,” stated the the wall avenue journal stories.

New York Occasions: “Financial development rebounded over the summer time, in response to the newest authorities information, however slowing shopper spending and a quickly weakening housing market imply the report will do little to allay fears of an impending recession.”