Spending on autos increased, helping US GDP to grow at 3% THE US economy expanded at an annual pace of 3% during the three months to the end of September, which was stronger than expected. The growth extended the robust activity reported in the previous quarter, when US GDP grew at an annual pace of 3.1%. Analysts had been expecting a sharp slowdown after back-to-back hurricanes battered several states in the quarter. But consumer spending held steady, despite a drop in homebuilding investment. Together the two quarters mark the strongest six months of economic activity for the US since 2014, the Commerce Department said. “Overall, this is a very solid performance, given the disruption caused by Hurricanes…