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US closing Q3 GDP +4.4% vs +4.3% anticipated

  • Second reading was 4.3%
  • The final Q2 reading was 3.8%
  • Consumer spending final 3.5% vs 2.5% prior
  • Q3 corporate profits after tax +4.7%
  • GDP final sales +4.5% vs +4.6% expected

Inflation metrics

  • GDP deflator vs 3.8% expected
  • Core PCE final vs 2.9% expected
  • PCE prices final vs 2.8% expected

This article was written by Adam Button at investinglive.com.

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