(CercleFinance.com) – Real GDP growth in the United States for the third quarter of 2023 stands at 4.9% at an annualized rate, according to a very first estimate from the Department of Commerce, therefore accelerating after 2.1% in the quarter. previous, and while Jefferies expected 3.8%.
According to the administration, this growth is mainly attributable to increased consumer spending and investment in inventories, while imports, which are a subtraction in the calculation of GDP, have increased.
The personal consumption expenditures (PCE) price index increased by 2.9%, after 2.5% in the second quarter. If we exclude food and energy prices, it increased by 2.4%, compared to an increase of 3.7% previously.
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