WASHINGTON, Nov. 27 (Xinhua) -- The U.S. gross domestic product (GDP) grew at an annual rate of 2.8 percent in the third quarter of this year, the U.S. Department of Commerce reported in the second estimate released Wednesday.
The update primarily reflected upward revisions to private inventory investment and nonresidential fixed investment as well as downward revisions to exports and consumer spending, according to the department's Bureau of Economic Analysis (BEA).
