Economy grew 3.5% in third quarter, pushing corporate profits to 6-year high, GDP shows

A torrid U.S. economy blazed a 3.5% pace of growth during the summer and boosted corporate profits to the highest rate in six years, fresh government figures show. The increase in gross domestic product — the official measuring stick of the economy — was unchanged from the original finding. Economists polled by MarketWatch had forecast third-quarter GDP to be revised up to 3.6% annual rate.
Read more: https://www.marketwatch.com/story/economy-grew-35-in-third-quarter-pushes-corporate-profits-to-6-year-high-gdp-shows-2018-11-28?source=Snapzu