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Estimates of Real Government Consumption Form

Estimates of Real Government Consumption Form

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buckle up folks the Q3 GDP numbers are in and here's what you need to know the US economy grew at a 2.8% annualized rate from July through September economists were hoping for a bit more around 3.1% still it's not all bad news consumer spending which makes up about 2/3 of all economic activity soared by 3.7% that's the strongest since early 2023 federal government spending also jumped by 99.7% comma with defense spending leading the charge but Imports surged by 1 1.2% comma which held back the GDP growth a bit the markets well they barely budged stock futures and treasury yields were mixed and here's some good news inflation is cooling down the fed's favorite gauge Rose just 1.5% this quarter want more updates like this please like And subscribe catch you next time

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