- Gross domestic product grew at a 3.3% annualized rate (est. 3.2%), revised from 3%; fastest since 3Q 2014
- Consumer spending, biggest part of the economy, grew 2.3% (est. 2.5%); revised from 2.4%; down from 3.3% in 2Q
- Business-equipment spending rose at a 10.4% pace, a three-year high, revised from 8.6%; reflects transportation gear
- Corporate pretax earnings rose 5.4% y/y, following a 6.3% y/y advance
Economy Growth Accellerating
}
1349, 29 November 2017
Owen, there you go again. You know your post will trigger someone. This must be Obama’s left over successes. Crediting Trump MUST be fake news.