The US economy grew more than expected in the third quarter, according to revised data from the Commerce Department on Tuesday.

In the July to September quarter, gross domestic product -- the broad measure of the economy's output of goods and services -- rose at an annual rate of 2.1 percent, stronger than the 1.5 percent pace initially estimated. GDP growth was a bit stronger than what analysts had projected, with the consensus at a 2.0 percent rate.