U.S. Q3 GDP revised up to 2.9% as consumer spending rises

Nov. 30, 2022 8:31 AM ETBy: Liz Kiesche, SA News Editor19 Comments

Business And Finance Concept Of A Bull Market Trend High Quality


  • Q3 GDP (second estimate) +2.9% vs. +2.7% expected and initial estimate of +2.6%; by comparison, GDP slipped 0.6% in Q2 2022.
  • The upward revision mainly reflects increased consumer spending and nonresidential fixed investment that were partly offset by

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