Headline: US Economy Grows at Fastest Pace Since 1984

Summary: The US economy grew at its fastest pace since 1984 in the third quarter of 2020, according to the latest figures released by the US Bureau of Economic Analysis. The US economy grew at an annual rate of 33.1%, the fastest pace since the third quarter of 1984, when it grew at a rate of 8.5%. The growth was driven by a surge in consumer spending, which rose by 40.