Ken
O’Brien
Real gross domestic product -- the value of the
production of goods and services in the United
States, adjusted for price changes -- increased at an annual rate of 5.0
percent in the third quarter of 2014, according to the "third"
estimate released by the Bureau of Economic Analysis. The number marks the
strongest pace of U.S. economic growth since the third quarter of 2003. The Dow
Jones Industrial Average also traded above 18000 for the first time on Tuesday.
In the second quarter, real GDP increased 4.6 percent.
