OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

US GDP Grows 2.6% In Q3 Driven Entirely By Trade; Price Index Comes Cooler Than Expecte

Posted by ipso facto @ 9:22 on October 27, 2022  

Ahead of today’s GDP print, economist consensus was that in the 3rd quarter, the US economy would grow if entirely on the back of net exports (or trade), and sure enough that’s precisely what happened. While the BEA reported that in the third quarter, US GDP rose 2.57%, more than the 2.4% consensus and up notably from last quarter’s -0.6% and the -1.6% drop in Q1…

https://www.zerohedge.com/markets/us-gdp-grows-26-q3-driven-entirely-trade-price-index-comes-cooler-expected

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.