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US Q3 GDP (second estimate) +2.9% vs +2.7% expected

US Q3 GDP (second estimate) +2.9% vs +2.7% expected
  • Advance estimate was +2.6%
  • Q2 GDP was -0.6%
  • Consumer spending +1.7% vs +1.4% advance
  • GDP deflator 4.3% vs 4.1% advance
  • Core PCE prices 4.6% vs 4.5% advance
  • Corporate profits -0.2%
  • Sales 4.0% vs 3.3%

Great quarter guy. These details are positive, especially the consumer which is holding up. The dollar bounced ba... Read More

Posted: Nov 30 2022, 13:31
Author Name: forexlive
Views: 111514

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