US GDP BEATS EXPECTATIONS AS INFLATION ACCELERATES US Q3 GDP grew 3.4% annualized, beating the 3.2% forecast and accelerating from 2.2% in…
US GDP BEATS EXPECTATIONS AS INFLATION ACCELERATES
US Q3 GDP grew 3.4% annualized, beating the 3.2% forecast and accelerating from 2.2% in Q2.
GDP & CONSUMPTION
🔸 GDP: 3.4% vs. 3.2% est.
🔸 Personal Consumption: 3.8% vs. 3.4% est.
🔸 GDP Price Index: 2.3% vs. 3.2% est.
🔸 Q3 Core PCE: 2.5% vs. 2.4% est.
SEPTEMBER INFLATION
🔸 Headline PCE YoY: 3.6% vs. 3.6% est.
🔸 Core PCE YoY: 3.1% vs. 3.1% est.
🔸 Headline PCE MoM: 0.5% vs. 0.5% est.
🔸 Core PCE MoM: 0.3% vs. 0.3% est.
CONSUMER & LABOR DATA
🔸 Personal Income: +0.2% vs. +0.3% est.
🔸 Personal Spending: +0.5% vs. +0.6% est.
🔸 Real Spending: 0.0% vs. +0.1% est.
🔸 Initial Jobless Claims: 194K vs. 198K est.
🔸 Continuing Claims: 1.701M vs. 1.720M est.