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US Q3 advance GDP +4.9% vs +4.3% expected

US Q3 advance GDP +4.9% vs +4.3% expected
Final Q2 reading was +2.4% annualizedQ1 was +2.0% annualizedBest quarter since Q4 2021Estimates ranged from 2.5%-6.0%Details:Consumer spending +4.0% vs +0.8% priorConsumer spending on durables %GDP final sales +3.5% vs +4.5% expected (+2.3% prior)GDP deflator 3.5% vs +2.5% expected (+2.2% prior)Core PCE +2.4% vs +2.5% expected (+3.8% prior)Exports +6.2% vs -9.3% priorImports +5.7% vs -7.6% priorBusiness investment +8.4% vs +5.2% priorPercentage point changes:Net trade -0.08 pp vs +0.04 pp pri... Read More
Posted: Oct 26 2023, 12:30
Author Name: forexlive
Views: 112118

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