U.S. Q3 GDP Growth Unrevised At 2.8%
(RTTNews) - The jump by U.S. economic activity in the third quarter was unrevised compared to the previous estimate, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said gross domestic product surged by 2.8 percent in the third quarter, unchanged versus the "advance" estimate issued last month.
The report said upward revisions to private inventory investment and nonresidential fixed investment were offset by downward revisions to exports and consumer spending.
The unrevised increase by GDP in the third quarter still reflects a modest slowdown from the 3.0 percent jump in the second quarter.
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Pred 6 h 38 min
U.S. Consumer Price Growth Matches Estimates In October
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Pred 7 h 18 min
U.S. Weekly Jobless Claims Unexpectedly Edge Lower Once Again
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RTTNews
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Pred 7 h 41 min
U.S. Durable Goods Orders Rise Less Than Expected In October
The Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods increased by less than expected in the month of October.
RTTNews
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Pred 8 h 59 min
