WASHINGTON, D.C. — The US economy likely maintained a solid pace of growth in the third quarter as subsiding inflation and strong wage gains powered consumer spending ahead of a contentious presidential election set to turn on pocketbook issues.
The Commerce Department's advance estimate of third-quarter gross domestic product (GDP) on Wednesday, US time, will be published less than a week before Americans head to the polls on Nov. 5 to choose between Vice President Kamala Harris, the Democratic Party candidate, and former president Donald Trump.
