Q3 GDP Delivers An Upside Surprise

The US economy picked up speed in the third quarter, or so today’s initial estimate of Q3 GDP shows. The economy expanded by 2.8% in the three months through September vs. the previous quarter, based on a seasonally adjusted annualized real rate. That’s quite a bit better than the consensus forecast of 2.0% and The [...] View the full post at: Q3 GDP Delivers An Upside Surprise Related posts: Is Upside Economic Momentum Set to Bubble? New Home Sales Slingshot to the Upside for Now April housing surprise