Economic growth in the US has been revised upwards for the third quarter, to its fastest pace since late 2011.
The Commerce Department said gross domestic product (GDP) grew at an annualised rate of 4.1% between July and September – up from a previous estimate of 3.6%.
Stronger consumer spending accounted for much of the upward revision. It accounts for two-thirds of the economy.
Business spending was also stronger than previous estimates.
On Wednesday the US central bank, the Federal Reserve, announced it would start to slow its economic stimulus programme because of the improving economy – in particular the falling unemployment rate.
The central bank said it planned to scale back its $85bn (£51.8bn) a month bond buying programme by $10bn a month.
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