WASHINGTON — Final real gross domestic product — the output of goods and services produced by labor and property in the United States — increased at an annual rate of 1.8% in the third quarter, the Commerce Department reported on Thursday.

The gain was below the preliminary estimate of 2.0% for the third quarter, but better than the final 1.3% annual rate of growth reported for the second quarter. It was also below the 2.0% median increase projected by economists.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.