White House: The Fastest Pace in 11 Years

America’s economy is growing at the fastest pace in more than a decade.

New data out today shows that U.S. real gross domestic product (GDP) grew at an annual rate of 5 percent in the third quarter of 2014. That’s the strongest single quarter of growth since 2003.

The steps that we took early on to rescue our economy and rebuild it on a new foundation have also helped make this the strongest year for job growth since the 1990s — although we have more work to do to boost wages for middle-class families.

Find out more about today’s new GDP report, and how we’re working to make sure all Americans share in the economic recovery.

Get the facts about our economy's growth here.