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US: Economic Growth Clocked in at Robust 4.9% in Q3, More Than Double Q2’s Rate of Expansion

Real GDP expanded by 4.9% quarter-over-quarter (q/q, annualized) in the third quarter of 2023 – more than double the rate of expansion seen in the second quarter. The reading came in slightly ahead of the consensus forecast, which called for a still healthy gain of 4.5%. Consumer spending grew by 4.0% – a sharp acceleration […] The post US: Economic Growth Clocked in at Robust 4.9% in Q3, More Than Double Q2’s Rate of Expansion appeared first on Action Forex...
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Posted: Oct 26 2023, 13:58
Author Name: actionforex
Views: 042236