Economy grows at 3.1% rate — better than expected

in Uncategorized by

The U.S. economy expanded at an even faster pace than previously estimated in the third quarter, but the gains could be an outlier for the year as fiscal cliff worries and superstorm Sandy will likely slow growth in the final months of 2012, reports the Wall Street Journal.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.