HERE COMES GDP...
Flickr / pumpkincat210
Heads up! We are minutes away from the release of the second estimate of Q3 U.S. GDP, due out from the Bureau of Economic Analysis at 8:30 AM ET.In light of recent economic data releases, GDP growth is now expected to have been 3.1% at an annualized rate in the third quarter, up from the initial BEA estimate of 2.8%.
Personal consumption growth is expected to clock in at 1.5%, matching the initial estimate, while the GDP price index and core PCE are expected to come in unchanged from the initial estimate as well at 1.9% and 1.4%, respectively.
We will have the full release LIVE at 8:30 AM ET. Click here to refresh for the latest updates »