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What is the US GDP news?

Asked 10 hours ago

Answer

US GDP rose by 4.3% in the third quarter, surpassing expectations and marking the fastest growth in two years. This strong performance has led to a spike in Treasury yields and sparked debate among Federal Reserve officials regarding future interest rate policy. Despite robust GDP and consumer spending, some analysts question the data's relevance due to delays from the government shutdown and note a disconnect with sluggish employment.

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Bloomberg

U.S. GDP rises by 4.3% in 3Q, fastest pace in two years

Bloomberg ยท New
Bloomberg
Bloomberg
New
  • U.S. GDP for Q3 rises 4.3%, beating expectations 22s
  • Durable goods orders fell 2.2% despite strong GDP 45s
  • Two-year Treasury yields rose to 3.50-3.51% after GDP data 1m 2s
  • Analysts note disconnect between GDP growth and employment 1m 45s
  • Strong GDP data intensifies divisions among Fed officials 3m 3s

References

U.S. GDP rises by 4.3% in 3Q, fastest pace in two years
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Bloomberg
11 hours ago
U.S. GDP rises by 4.3% in 3Q, fastest pace in two years

GDP for the third quarter comes in at 4.3%, surpassing the prior 3.8% and survey estimate of 3.3%, an unexpected uptick.

U.S. GDP rises by 4.3% in 3Q, fastest pace in two years
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Bloomberg
11 hours ago
U.S. GDP rises by 4.3% in 3Q, fastest pace in two years

Vincent Reinhart discusses the third quarter GDP rise to 4.3%, highlighting a disconnect between rapid aggregate demand and sluggish employment, raising questions about the Federal Reserve's decision to cut rates.

U.S. economy grows by 4.3% in third quarter, much more than expected
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CNBC
11 hours ago
U.S. economy grows by 4.3% in third quarter, much more than expected

Q3 GDP reported at 4.3%, surpassing expectations of 3.3%, marking the strongest quarter since Q3 2023's 4.7%.

U.S. economy grows by 4.3% in third quarter, much more than expected
Icon
CNBC
11 hours ago
U.S. economy grows by 4.3% in third quarter, much more than expected

Interest rates have edged higher, likely influenced by the higher price index; stronger GDP is viewed as positive news.

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