U.S. Growth Enters Fourth Quarter on More Solid Footing

WASHINGTON—The U.S. economy headed into the holiday-shopping season on solid ground with a pickup in household spending and orders for long-lasting factory goods.

An initial snapshot of the year-end trends emerged Wednesday when the Commerce Department, in separate reports, said household spending picked up in October and orders for long-lasting factory goods rose—both positive signs for growth.



Staff Writer
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