On Friday, the Commerce Department will release its initial estimate of third-quarter GDP growth. According to a median estimate among economists polled by the WSJ, U.S. output likely expanded at an annual rate of 2.7%. Given the severe hurricane season, this would be a respectable figure. Here are the 5 things to watch that will impact the report: How well the economy has weathered the hurricane impacts, consumer spending rates, business investments, inflation rate and export growth.
5 Things to Watch in the Third-Quarter GDP Report
- Posted October 26
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