In a show of resilience, the American economy grew at a solid pace in the latest quarter despite the impact of the hurricanes in Texas and Florida.
The nation’s gross domestic product, a key indicator of economic strength, expanded at an annual rate of 3 percent in the third quarter, the Commerce Department reported on Friday. Economists initially expected that Hurricanes Harvey and Irma would deal a blow to the country’s steady growth, but became more optimistic in recent weeks.