The U.S. economy grew much faster than expected over three months ending in June, accelerating from the previous quarter and defying concerns about a possible slowdown.
U.S. GDP grew at a 2.8% annualized rate over three months ending in September. That figure doubled the annualized rate of growth undertaken over the previous quarter.
The economic expansion reflected a surge in consumer spending, the U.S. Bureau of Economic Analysis said on Thursday. The uptick in spending included purchases of housing, and cars, among other items, the BEA added.
Cheetos cost $7? I had no idea. Not to be rude, but I don’t think Cheetos are a food staple.
And they certainly don’t cost $7 in my area, they’re more like $5-6 for a “party” size, less on sale. Your typical single serving is something like $1-2, which is pretty reasonable.