The U.S. economy grew more than initially appreciated in the third quarter, extending a solid stretch of economic expansion.

The U.S. economy is predicted to slow in growth, according to reports by the Organisation for Economic Co-operation and Development.

President Joe Biden ordinarily would be viewed as having presided over a strong economy. High GDP growth. Low unemployment. New investments in factories, which are sprouting up all over the land.

Third-quarter gross domestic product (GDP) was revised higher Thursday following a substantially stronger projection for U.S. economic performance released Wednesday by the Federal Reserve. GDP ...