Economy Expands 2% in 3q -- Continuing Sluggishness of Recovery Likely Signals Thrashing at Polls for Democrats

Summary


WASHINGTON - The last read on the economy before the midterm elections found Americans are spending a little more but not nearly enough to bring down high unemployment - one final bit of bad news for Democrats.

The economy expanded at a 2 percent pace from July to September, the Commerce Department said Friday. It marked a slight improvement from the scant 1.7 percent growth rate in the previous quarter.

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Economy Expands 2% in 3q -- Continuing Sluggishness of Recovery Likely Signals Thrashing at Polls for Democrats

But to keep up with population growth and actually bring down unemployment, the economy must grow much faster. ...

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