US economy grew 4.1% in third quarter

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, on Wednesday, Dec 18, 2013. -- FILE PHOTO: AP
A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, on Wednesday, Dec 18, 2013. -- FILE PHOTO: AP

WASHINGTON (AFP) - The US economy grew at a robust 4.1 per cent annual rate in the third quarter, much faster than previously estimated, the Commerce Department said on Friday.

The department's final estimate of gross domestic product growth was sharply higher than the 3.6 per cent pace in the prior estimate.