US Q3 GDP Grew 2.6% Ending a Two Quarter Streak of Negative GDP

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  • #40986

    ^^^^ +1s and Thanks
    but don’t use the “R” word on FAKEBOOK or you’ll be banned for LIFE – lol 😉 🙂

    #42529
    Truman
    Participant

    Q2 GDP second estimate was -0.6% (consensus -0.9%) after prior reading of -0.9%.
    Q2 GDP Deflator second estimate 8.9% (consensus 8.7%) after prior reading of 8.7%.

    #43734
    TradersCom
    Keymaster

    GDPNow model down to +0.5% (q/q ann.) for 3Q22, down from prior +1.3% and peak of +2.6% at beginning of September via
    @AtlantaFed

    #40982
    Helmholtz Watson
    Participant

    The US economy increased at an annual rate of 2.6% in the third quarter, ahead of consensus 2.3%. The report ends a two-quarter streak of negative GDP
    [See the full post at: US Q3 GDP Grew 2.6% Ending a Two Quarter Streak of Negative GDP]

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