Android Gains Ground Over Apple in Rebounding Smartphone Market

1 min read
Source: PYMNTS.com
Android Gains Ground Over Apple in Rebounding Smartphone Market
Photo: PYMNTS.com
TL;DR

The U.S. economy's third-quarter GDP growth remained steady at 2.8%, but consumer spending, a key economic driver, showed mixed signals with a slight downward revision. Inflation remained controlled, but disposable income growth was weak, raising concerns about future GDP sustainability. Personal savings and wages also faced downward revisions, while credit debt for financially struggling consumers increased, highlighting ongoing financial pressures.

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