US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

The transcript discusses the importance of economic issues for voters, highlighting the recent GDP report showing 2.8% growth in the third quarter. It notes upcoming economic reports on inflation and jobs, which could influence undecided voters. Despite positive economic indicators, there's a disconnect between actual performance and public perception, with many Americans believing the economy is struggling. Consumer spending, driven by rising wages and low unemployment, is a key growth factor. However, high housing prices and interest rates continue to affect public sentiment. The transcript concludes by emphasizing the impact of gas and grocery prices on public perception.

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