The economy grew by 2.1% between July and September, according to the Commerce Department. That’s better than its first estimate of 1.5%.
The revision is a sign that the economy is weathering the global economic slowdown better than some had previously expected. It also comes just weeks after the best report on jobs growth of the year in October.
The improved figure is another indication the U.S. consumer — the main engine of economic growth — has shown resiliency this year.
