The economy expanded at a 4.3% annual rate in Q3 before the government shutdown likely squelched growth in the fourth quarter.

The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed.

The economy expanded at a 4.3% annual rate in Q3 before the government shutdown likely squelched growth in the fourth quarter.

The U.S. economy grew at an annual rate of 4.3% in the third quarter, according to preliminary data from the U.S. Department of Commerce.

The world's largest economy grew in the third quarter as consumer spending picked up, according to the latest GDP report.